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Genkiotoko t1_j1l8u16 wrote on December 25, 2022 at 7:32 AM

Reply to comment by nderhjs in Any context other than it’s really cold? Peco asking for electricity conservation. by Unlucky-External5648

I'd guess you're essentially right. Utilities likely didn't buy nearly enough generation on the futures market, causing a lot of last- minute purchasing for more generation. Power plants take time to heat up, especially in brutally cold temps.