World News: 18:10 GMT Wednesday 12th June 2019. [Yahoo Business News Feed via SPi World News]
Seattle’s expected high of 85 degrees Fahrenheit (29 Celsius) will tie a record set for this day in 1999, and Portland is expected to reach 97 degrees after tying a 1941 record Tuesday, according to the National Weather Service. On Tuesday, prices at a Northern California hub surged past $1,000 a megawatt-hour and averaged $369.08 a megawatt-hour in the hour ended 11 a.m., the highest for that time of day in more than a year, according to power-grid data compiled by Bloomberg.
Read More: https://finance.yahoo.com/news/california-heat-sends-power-surging-051918675.html
SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.