Texas Power Prices Signal Grid Stress in Another Long, Hot Summer [Financial Post (Toronto, Ontario, Canada)]
The AES Corporation (AES)
Last the aes corporation earnings: 2/28 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
aes.com/investors/investors-overview/default.aspx
Company Research
Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — A surge in Texas power prices for August suggests another summer of heavy electricity demand — and potential grid strain — to meet air-conditioning needs. Traders start looking at prices months in advance to gauge the outlook for demand. Article content Already in mid-April, August power prices for Dallas soared to $168.70 a megawatt-hour, which was the highest level in five years for this time of the year, according to Bloomberg Fair value data. Prices were still hovering around that level on Friday, an 82% premium versus a year earlier. Article content The state's grid operator warned the same day of possible deficient power reserves from April 29 through May 1. The Texas grid repeatedly has suffered from tight electricity supplies in the past two years as extreme weather and surging power demand stress aging infrastructure. As the state b
Show less
Read more
Impact Snapshot
Event Time:
AES
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AES alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AES alerts
High impacting The AES Corporation news events
Weekly update
A roundup of the hottest topics
AES
News
- Regulators will hire consultant to examine how AES Ohio handles 'bad debt' [Yahoo! Finance]Yahoo! Finance
- AES Announces Public Offering of Fixed-to-Fixed Rate Reset Junior Subordinated Green NotesPR Newswire
- AES Agrees to Sell its Equity Interest in AES Brasil for Approximately $640 Million [Yahoo! Finance]Yahoo! Finance
- AES Agrees to Sell its Equity Interest in AES Brasil for Approximately $640 MillionPR Newswire
- InvestChile Forum Attracts Record US$9 Billion in Investment Projects [Yahoo! Finance]Yahoo! Finance
AES
Earnings
- 5/2/24 - Beat
AES
Sec Filings
- 5/16/24 - Form 424B2
- 5/2/24 - Form 8-K
- 5/2/24 - Form 10-Q
- AES's page on the SEC website