In a new FAQ, the developer said, “As this is a remaster built on the existing Alan Wake engine and technology, adding in ray tracing/HDR support was deemed too time-consuming.
Remedy’s Alan Wake Remastered is releasing next month and offers a number of visual enhancements over the original.
Alan Wake Remastered will also support previous to current gen upgrades for free.
So the PS5 and Xbox Series X versions will have an internal resolution of 1440p but output at 2160p (4K).