Warnings galore as largest US power grid braces for record demand

PJM warned of massive transmission line congestion and potential price spikes as it braces for record-breaking power demand driven by a heatwave ahead of July 4. The grid operator’s congestion alerts raise near-term electricity price and reliability risk for the region, with potential system-wide effects on utilities and power-linked equities.

Analysis

PJM warned of massive transmission line congestion and potential price spikes as it braces for record-breaking power demand driven by a heatwave ahead of July 4. The grid operator’s congestion alerts raise near-term electricity price and reliability risk for the region, with potential system-wide effects on utilities and power-linked equities.