From Quiver Quantitative:

A massive winter storm is causing power outages on the U.S. East Coast, affecting over 500,000 customers from Florida to Maine. New York, Pennsylvania, North Carolina, and New Jersey are hardest-hit, with outages ranging from 58,000 to 143,000 per state. Energy giants like Con Edison, FirstEnergy, Duke Energy, and PSE&G are working to restore power. This situation of power disruptions echoes the challenges faced during previous winter storms and raises concerns about grid stability and supply chain resilience during extreme weather. The situation remains precarious, with the potential for record-breaking cold. The severe weather conditions have pointed to the need for enhanced resilience and preparedness in infrastructure systems.



Read more: Winter Storm Causes Widespread Power Outages on US East Coast