Winter Storm Fern could cause significant power outages

Winter Storm Fern could cause significant power outages


Natural gas surges ahead of winter storm: Here's what you need to know

Families could lose power as Winter Storm Fern is forecast to bring bitter cold, snow, sleet and ice from New Mexico up through New England this weekend.

The storm is expected to impact more than 170 million Americans through Monday, according to the National Weather Service. At least 14 states across the South, Midwest and Mid-Atlantic have issued emergency declarations.

Catastrophic ice accumulations are expected across the Southern Plains, Lower Mississippi Valley, the Tennessee Valley, and the Southeast that could result in “long-duration power outages, extensive tree damage, and extremely dangerous or impassable conditions,” the NWS has warned.

Snowfalls greater than 12 inches are expected across the Ohio Valley, Mid-Atlantic and Northeast that could cause widespread travel disruptions.

The Department of Energy is ready to issue orders that would make backup power generation available to prevent blackouts, Secretary of Energy Chris Wright said in a Thursday letter to electric grid operators.

Natural gas prices have soared about 70% this week as home heating demand is expected spike. Goldman Sachs has warned that the storm could significantly disrupt U.S. natural gas production.

“We expect this is going to disrupt supply as well because it freezes the wells, it freezes we think more than 10% of US natural gas production,” Samantha Dart, a Goldman Sachs analyst, told CNBC on Friday.

“We use that for heating. We use that for power generation,” Dart said. “So you’re going to need the gas the most during the days when it’s not going to be coming out of the ground.”

Natural gas disruptions during extreme weather can be deadly.

Winter storm sends gas soaring: Goldman Sachs' Samanta Dart on natural gas price trends

Texas faced severe cold during Winter Storm Uri in February 2021, which resulted in more than 4 million people losing power for days. The blackouts were due to a significant loss of gas-fired power generation because not enough fuel could be delivered due to frozen wellheads and pipelines.

At least 210 people died during the storm. Most of the deaths were connected to the outages and included cases of hypothermia, carbon monoxide poisoning, and medical conditions exacerbated by freezing temperatures, according to the Federal Energy Regulatory Commission.

In our current situation, the electric grid in many parts of the U.S. is under strain due to rising demand from data centers and the slow construction of new power generation.

The North American Electric Reliability Corporation has warned that data center energy consumption will make it more difficult to maintain adequate electricity supply during extreme demand conditions like severe winter weather, particularly in states like Texas.

“Strong load growth from new data centers and other large industrial end users is driving higher winter electricity demand forecasts and contributing to continued risk of supply shortfalls,” NERC said of Texas in an analysis published in November.

Energy Secretary Wright has asked grid operators to “be prepared to make backup generation resources at data centers and other major facilities available as needed” during this weekend’s storm.



Source

Iran targeted but did not hit Diego Garcia base with missiles, WSJ reports
World

Iran targeted but did not hit Diego Garcia base with missiles, WSJ reports

Diego Garcia, a British Indian Ocean Territory and the largest of the islands in the Chagos Archipelago on July 02, 2013 in Diego Garcia, British Indian Ocean Territory. USGS NASA | Gallo Images | Getty Images Iran fired two intermediate-range ballistic missiles at ​Diego Garcia but did ‌not hit the U.S.-U.K. military base in the […]

Read More
United Airlines to cut more flights as it eyes oil above 0 through 2027
World

United Airlines to cut more flights as it eyes oil above $100 through 2027

A United Airlines Boeing 737 MAX 8 airplane arrives at Los Angeles International Airport from Orlando on January 2, 2025 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images United Airlines is cutting more ​unprofitable flights over the next two quarters as it prepares for a prolonged period of high jet fuel […]

Read More
U.S. issues 30-day sanctions waiver for sale of Iranian oil at sea
World

U.S. issues 30-day sanctions waiver for sale of Iranian oil at sea

Ships line up in the Strait of Hormuz as seen from Khor Fakkan, United Arab Emirates, Wednesday, March 11, 2026. Altaf Qadri | AP The Trump administration on Friday issued a 30-day sanctions waiver for the purchase of Iranian oil at sea to ease energy supply pressures since the start of the U.S.-Israeli war on […]

Read More