Heatwave Sparks Power Grid Crisis, Soaring Prices in US

US power prices have surged to their highest levels in months as a scorching heatwave grips the country, leading to increased demand for electricity. The extreme weather has raised concerns about the strain on power grids, with memories of previous grid failures during freezing temperatures in Texas and a heatwave in California. Grid operators have issued alerts and urged energy companies to delay maintenance to ensure sufficient power supply. While power usage is not expected to break all-time highs this week, the Texas grid operator anticipates new records next week as the heatwave persists.