Last week on January 30th, 2019 Chicago matched a record as the coldest day ever.

Power and gas supplies increased but not as severely as in 2014.

Here is why:

  1. Businesses and schools closed in anticipation of travel delays. This kept power needs down.
  2. Generators provided the power expected. This was not the case back in 2014. Changes made to generator contracts provided substantial penalties if power wasn’t delivered. Investments in cold weather operations and many of the power plants certainly prevented power shortages.
  3. Solar and wind kept operating. This was the first polar vortex with substantial solar and wind resources. They performed very well.

Overall, the markets reacted to past incidents and put into place corrections to continue to improve and safeguard the power grid.

Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.

Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.

Additional Information:

https://energynews.us/2019/02/01/northeast/7-takeaways-on-how-grid-operator-pjm-weathered-this-weeks-polar-vortex/