New York/Boston/Los Angeles — The arctic freeze gripping the central US is raising the spectre of power outages in Texas and ratcheting up pressure on energy prices already trading at unprecedented levels.

In Texas, where temperatures in Dallas are forecast to be -16°C, the operator of the state’s power grid warned it may need to resort to rolling blackouts as surging demand for heat strains the electrical system. While outages may occur on Sunday, the risk is higher on Monday and Tuesday, when officials expect power demand in Texas to reach a record high...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.