Story perspectives

Solar Storm Could Cost U.S. Up to $2.6 Trillion

2/6/2026

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Summary

Story summary

A powerful solar storm threatens modern electrical grids, similar to the 1859 Carrington Event, by risking geomagnetically induced currents and widespread blackouts.
Recent activity, including an X8-class solar flare, could trigger these currents.
Economic damage in the United States could reach between $600 billion and $2.6 trillion, with essential services impacted.
Neutral Blocking Devices offer mitigation, but utilities are hesitant to invest, prompting calls for congressional and regulatory action.

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Story summary

A powerful solar storm threatens modern electrical grids, similar to the 1859 Carrington Event, by risking geomagnetically induced currents and widespread blackouts.
Recent activity, including an X8-class solar flare, could trigger these currents.
Economic damage in the United States could reach between $600 billion and $2.6 trillion, with essential services impacted.
Neutral Blocking Devices offer mitigation, but utilities are hesitant to invest, prompting calls for congressional and regulatory action.