EconomicUnited States·14 Oct 2026
PJM Power Grid Declares Emergency Amid High Temperatures and Maintenance
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PJM Interconnection declared a low-level emergency on Tuesday and Wednesday after a heatwave collided with scheduled maintenance that left 60 gigawatts of capacity offline across the grid serving 67 million people. The resulting supply squeeze caused spot power prices at the PJM Western hub to surge to $1,021 per megawatt-hour, while the Midcontinent…
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