– The US heating season has officially begun, and new warnings show that a quarter of all Americans could experience energy emergencies this winter if temperatures fall below average due to tight fossil fuel supplies.
Power grids from the Great Lakes to Louisiana, New England, Carolinas, and all of Texas are the most at risk for power supply shortfalls during high-demand periods, according to Bloomberg, citing a new report from the North American Electric Reliability Corporation (NERC), a regulatory body that manages grid stability.
NERC said a cold snap for an extended period could spark grid strain due to soaring power demand from households and businesses. This would cause supplies of natural gas, coal, and backup diesel generators to draw down more quickly and possibly experience shortages.
Learn More: https://www.zerohedge.com/markets/power-blackout-risks-loom-quarter-all-americans
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