Q3 Earnings Alert! Plan early for this week’s stock reports with all key data in 1 placeSee list

US PJM prepared to meet electricity demand during hot weather spell

Published 06/14/2024, 11:07 AM
Updated 06/14/2024, 11:11 AM
© Reuters.

(Reuters) - PJM Interconnection, the biggest U.S. power grid operator said on Friday that it is ready to meet anticipated electricity demand during a predicted heat wave.

Temperatures are expected to soar for the next ten days across the PJM region, the operator noted in its press release.

"While PJM has sufficient generation and transmission capacity to meet demand during the heat wave, extended periods of extreme heat can potentially stress the system," said Kevin Hatch, PJM's Senior Manager of Dispatch.

PJM issued a hot weather alert for June 13th and 14th, initially and the alert was to encompass the entire PJM region from June 17th through 21st, with the potential for extension based on updated weather forecasts.

© Reuters. Downtown Los Angeles is seen behind an electricity pylon through the morning marine layer in Los Angeles, California, U.S., August 20, 2019. REUTERS/Lucy Nicholson/File Photo

A hot weather alert is a standard PJM procedure used to ready transmission and generation facilities for increased electricity demand during hot weather events.

Meanwhile, the grid operator in May had said that it expected to meet this year's summer demand but generator retirements and increasing demand persistently erode reserve levels.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.