Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / BUI - Largest U.S. grid operator declares level one emergency to combat heat wave


BUI - Largest U.S. grid operator declares level one emergency to combat heat wave

2023-07-27 09:57:58 ET

The largest U.S. electric grid operator issued a level one emergency alert for Thursday, calling on all power plants to operate at full capacity, as a heat wave bakes much of the U.S.

PJM Interconnection, which serves more than 65M customers across a 13-state region between northern Illinois and the Atlantic Coast, including all of Ohio, Pennsylvania, and New Jersey, issued the alert late Wednesday.

The Energy Emergency Alert Level 1 indicates it has the resources needed to meet firm load and reserve commitments, but is concerned about sustaining its required Contingency Reserves.

Demand is forecast to reach 153,286 MW as of 5:00 ET on Thursday and has ~186K MW of generating capacity.

ETFs: ( NYSEARCA: XLU ), ( UTG ), ( VPU ), ( GUT ), ( BUI ), ( FUTY ), ( IDU )

More analysis on utilities:

For further details see:

Largest U.S. grid operator declares level one emergency to combat heat wave
Stock Information

Company Name: BlackRock Utility Infrastructure & Power Opportunities Trust
Stock Symbol: BUI
Market: NYSE

Menu

BUI BUI Quote BUI Short BUI News BUI Articles BUI Message Board
Get BUI Alerts

News, Short Squeeze, Breakout and More Instantly...