Story perspectives
Winter Storm Fern Causes Travel Chaos, Skyrockets Energy Prices
1/24/2026
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Story summary
- The winter storm Fern is affecting nearly half the United States, disrupting travel and causing outages.
- The PJM Interconnection reported spot prices near $3,000 per megawatt-hour due to high demand and constrained gas.
- The Midcontinent Independent System Operator (MISO) called for maximum output from power plants to avert capacity shortfalls.
- The Southwest Power Pool noted congestion pushing prices above $200 per megawatt-hour.
- Wind generation in New Mexico and Oklahoma produced negative prices.
