XM does not provide services to residents of the United States of America.

US PJM prepared to meet electricity demand during hot weather spell



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>US PJM prepared to meet electricity demand during hot weather spell</title></head><body>

June 14 (Reuters) -PJM Interconnection, the biggest U.S. power grid operator said on Friday that it is ready to meet anticipated electricity demand during a predicted heat wave.

Temperatures are expected to soar for the next ten days across the PJM region, the operator noted in its press release.

"While PJM has sufficient generation and transmission capacity to meet demand during the heat wave, extended periods of extreme heat can potentially stress the system," said Kevin Hatch, PJM's Senior Manager of Dispatch.

PJM issued a hot weather alert for June 13th and 14th, initially and the alert was to encompass the entire PJM region from June 17th through 21st, with the potential for extension based on updated weather forecasts.

A hot weather alert is a standard PJM procedure used to ready transmission and generation facilities for increased electricity demand during hot weather events.

Meanwhile, the grid operator in May had said that it expected to meet this year's summer demand but generator retirements and increasing demand persistently erode reserve levels.







Reporting by Rahul Paswan in Bengaluru;

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.