Electricity Prices Surge With Heat Wave

subscribe

The summer's heat came a little early this year for large parts of the U.S. stretching from the southwest to the northeast, causing demand and prices for electricity prices to pop higher.

Typically temperatures tend to peak in July and August, but this week they have already hit record levels for this time of the year in places like Houston, Minneapolis and Philadelphia.

"It's certainly an extreme weather pattern," said Accuweather.com meteorologist Dave Houk. "From Texas, Oklahoma, Kansas up to Arkansas, the big heat has been the most persistent and it comes in waves across the northern.

Related News

Germany turns its back on nuclear for good despite Europe's energy crisis

BERLIN - The German government is phasing out nuclear power despite the energy crisis. The country is pulling the plug on its last three reactors, betting it will succeed in its green transition without nuclear power.

On the banks of the Neckar River, not far from Stuttgart in south Germany, the white steam escaping from the nuclear power plant in Baden-Württemberg will soon be a memory.

The same applies further east for the Bavarian Isar 2 complex and the Emsland complex, at the other end of the country, not far from the Dutch border.

While many Western countries depend on nuclear power, Europe's largest…

READ MORE
wind power

BNEF Report: Wind and Solar Will Provide 50% of Electricity in 2050

READ MORE

powerlines

Ontario, Quebec to swap energy in new deal to help with electricity demands

READ MORE

sask power

SaskPower reports $205M income in 2019-20, tables annual report

READ MORE

Seamus Oregan

Affordable, safe' nuclear power is key to reaching Canada's climate goals: federal minister

READ MORE