Largest U.S. power grid PJM escalates emergency actions to avoid blackouts

PJM said it is under a federal alert to cut electricity consumption, serving 67 million people across the Mid-Atlantic and the South, including Washington, D.C. The alert implies near-term grid stress and a demand-management risk that could pressure power prices and related utility/market activity.

Analysis

PJM said it is under a federal alert to cut electricity consumption, serving 67 million people across the Mid-Atlantic and the South, including Washington, D.C. The alert implies near-term grid stress and a demand-management risk that could pressure power prices and related utility/market activity.