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Nation's Largest Power Grid Declares Emergency As Hot Temps Collide With Maintenance Shutdowns

Nation's Largest Power Grid Declares Emergency As Hot Temps Collide With Maintenance Shutdowns A short-lived heat blast across the Midwest and Mid-Atlantic overlaps with scheduled power plant shutdowns for seasonal maintenance on PJM Interconnection's grid, which serves 67 million people from the Mid-Atlantic to Chicago. PJM was forced to declare a low-level emergency for Tuesday and Wednesday as 60 gigawatts of capacity remained offline. Bloomberg reports that the squeeze sent spot power prices skyrocketing across PJM's Western hub to $1,021 per megawatt-hour Tuesday afternoon, more than double the day-ahead average for that...
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Oct 1, 2026 / Tyler Durden
Futures Rise As 10Y Yields Pull Back From 24 Year High
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Nov 9, 2026 / Tyler Durden
Record Directs Save Ugly 3Y Auction, As Slide In Foreign Demand Leads To Biggest Tail Since May
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Jun 17, 2026 / Tyler Durden
Which Countries Americans Like Most (And Least)
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