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Energy operator in the northeastern U.S. declared a state of emergency and urged to save money

Posted on December 31, 2022

Energy operator in the eastern U.S. declared a state of emergency and urged to cut consumption

The energy operator of the American region with a population of about 14.4 million people has declared a state of emergency and urged to cut electricity consumption because of the snow storm, which forecasters called the largest in history

The energy and network operator in New England (a region in the northeastern United States) declared a level one state of emergency and urged to cut electricity consumption because of an ongoing snow storm, Bloomberg reported citing a statement from ISO New England spokesman Matthew Kakley.

“We have declared a regime of energy caution in the region and are calling for a reduction in consumption because of a possible unexpected loss of generation,” he said.

Kakley noted that power demand in the region is now exceeding the operator’s capacity, and spot prices have soared to a record $1800 per MWh.

Bloomberg notes that New England was one of those U.S. regions that resorted to alternative energy sources because of the snowfall. So, on the day of December 24, oil accounted for about 40% of power generation and gas accounted for 15% (usually the situation is directly proportional).

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