JOURNAL ARTICLE

New York Power Prices Soar With Deeper Chill On the Way.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Rosenthal, Lauren; Malik, Naureen S. 3 of 3

Abstract

The article discusses the severe cold weather affecting major US cities, which is expected to worsen over the weekend, leading to increased power prices and strain on electricity grids. Temperatures in the Eastern US could drop as much as 30°F below normal, with New York City experiencing record power prices and significant disruptions, including ferry service closures due to ice buildup. The grid manager for a region serving over 67 million people is preparing to shift major customers to backup power to prioritize supply for households and hospitals. The article highlights the potential for a "bomb cyclone" to bring further snow and rain along the East Coast, complicating the already challenging weather conditions. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/01, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2026
  • Accession Number:191141831
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