Extreme Winter Weather Pushes United States Electric Grids to the Brink as Wholesale Prices Rocket

Extreme cold across the United States is triggering emergency grid protocols as wholesale prices surge. Operators are working to prevent rotating blackouts.

洞察:
Severe winter weather is gripping the US USUS on Saturday, January 24, 2026, as frigid temperatures and a massive winter storm hit half of the population. The extreme cold, with temperatures hovering around 0 degrees Fahrenheit or -18 Celsius, has placed unprecedented stress on regional electric grids. In response to the soaring demand, wholesale electricity prices have rocketed to historically extreme levels. PJM Interconnection, which serves 67 million people across the East and Mid-Atlantic, reported that spot wholesale electricity prices spiked above $3,000 per megawatt hour on Saturday morning, a massive increase from levels below $200 per MWh seen earlier.
FILE PHOTO: Downtown Los Angeles is seen behind an electricity pylon through the morning marine layer in Los Angeles, California, U.S., August 20, 2019. REUTERS/Lucy Nicholson/ File Photo
FILE PHOTO: Downtown Los Angeles is seen behind an electricity pylon through the morning marine layer in Los Angeles, California, U.S., August 20, 2019. REUTERS/Lucy Nicholson/ File Photo
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