00:00It's Benzinga bringing Wall Street to Main Street.
00:03Power plant outages surged across the
00:05eastern United States on Sunday as frigid temperatures and constrained natural gas supplies
00:10reduced electricity output according to Reuters.
00:13PJM Interconnection
00:15reported nearly 21 gigawatts of outages, about 16% of Sunday
00:20afternoons demand of 127.4 gigawatts.
00:25A pre-emergency order requiring some customers to curb electricity use while asking generators
00:30to conserve fuel for colder days ahead.
00:35High-voltage transmission limited supply flexibility.
00:38Power prices in PJM New York.
00:40New England rose to between $400 and $700 per megawatt hour Sunday.
00:45Afternoon as electricity demand exceeded grid operator forecasts.
00:50Demand climbed as winter storm fern spread, solar output fell,
00:55and data center electricity use increased.
01:00We forecast winter electricity demand of 147.2 gigawatts on Tuesday.
01:05As data center use and extended frigid weather strain the grid.
01:08For all things money visit Benzinga.
01:10Benzinga.com
Comments