New York's electric grid prepared to meet hot weather demand, operator says
ReutersJul 24, 2025 2:04 PM
July 24 (Reuters) - The New York Independent System Operator (NYISO) said on Thursday that it is prepared to meet power demand on Friday as a heat dome moving across the Southern states is expected to increase temperatures in its footprint.
The forecasted baseline peak demand for Friday is 29,000 megawatts (MW), NYISO said in a statement.
NYISO’s latest summer readiness assessment reports 40,937 MW of available power resources statewide, with 3,159 MW accessible through emergency procedures to maintain grid reliability if needed.
New York recorded a record peak of 33,956 MW at the end of a week-long heat wave in July 2013, the operator added.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
September Global Central Bank Divergence: How Will U.S. Stocks and Forex Markets Move?
TradingKey - Despite the divergence in monetary policies among major global central banks in September (with the Federal Reserve cutting rates while the European Central Bank, Bank of England, and Bank of Japan maintain steady rates), we expect the policy directions of the Fed, ECB, and BoE to...TradingKey
9 hours ago
Duolingo (DUOL): Can the Green Bird Fly High Again
TradingKey - Duolingo is a great business, despite the stock price being down nearly 50% from its peak less than four months ago. However, the question is whether it’s worth buying it at a market cap of $12.5 billion. The answer is “not yet” because the traffic, even though healthy...TradingKey
10 hours ago
U.S. September Rate Decision Preview: What It Means for Bitcoin and Could It Spark a New Rally?
Bitcoin’s rally stalls ahead of the Fed meeting — has the bullish momentum already been priced in?TradingKey
13 hours ago
UK July GDP Commentary: Can GBP Break Through Its Current Fluctuation?
After considering multiple factors, given the evident weakness on both sides of this currency pair, we expect the GBP/USD exchange rate to maintain its current fluctuation trend in the short term.TradingKey
18 hours ago
Fed to Cut Rates: All Asset Prices Up!
TradingKey - The Federal Reserve is almost certain to restart its interest rate cut cycle on 17 September this year. After in-depth research, we have concluded that cryptocurrencies, the broader U.S. stock market, and short-term U.S. Treasury bonds will all go up.TradingKey
Mon, Sep 8
Tradingkey
