Korea "Black Monday": Kospi Halted For 20 Minutes After Crashing Almost 10%

EU NatGas Nears Mutli-Year Highs Even As Citi Sees Supply Crunch Easing Europe's main natural gas price benchmark is headed for multi-year highs despite the "energy ceasefire" reported between Russia and Ukraine over the weekend and improving Strait of Hormuz energy flows. Europe is heading into the Northern Hemisphere winter without Qatari LNG exports and with storage levels well below 15-year lows. Dutch TTF futures trade around 83 euros per megawatt-hour, the highest level since early 2023. The September pullback to around 70 euros per megawatt-hour was short-lived. "Even without Qatari LNG exports,...

FERC Approves SPP "Topology Optimization" Plan For Cutting Grid Congestion By Ethan Howland of UtilityDive The Federal Energy Regulatory Commission on Wednesday approved the Southwest Power Pool’s proposal for using “topology optimization” to reduce grid congestion and its related costs. Traditionally, grid operators respond to grid congestion by redispatching power plants, which can lead to higher production and congestion costs, SPP said in its May 21 proposal to FERC. However, with grid-enhancing technologies, grid operators can use topology reconfiguration to change power flows as a less expensive way to handle congestion, according to...

Unhinged Passenger Duct-Taped on Flight Is Identified, Fired From Job An American Airlines flight was forced into an emergency landing Thursday evening after an unhinged passenger was duct-taped to his seat after a racist, sexist meltdown, according to multiple reports. The raging flyer, identified as 67-year-old Arthur Layne Lundeen, allegedly hurled the N-word and anti-gay slurs at flight attendants and unloaded a series of "very offensive" remarks at female passengers, eyewitnesses told ABC News. Fellow passenger Richard O'Lenick told NJ.com that Lundeen made statements about Jesus and said the plane was going...