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Industry regulators have warned that large parts of the U.S. and Canada power grid, serving around 180 million people, could face power shortages during extreme cold this winter. The Federal Energy Regulatory Commission highlighted the elevated risk of heat and power shortfalls in New England if a plan to shutter a major natural gas terminal proceeds. The power grids supplying more than half of the US population may run short of electricity during an extended cold snap or severe storm. The potential for winter blackout threats across North America due to vulnerabilities has been emphasized. France, however, faces a low risk of a power crunch this winter. The power grid in the U.S. is at risk of buckling this winter, with warnings of grid down affecting half of the country. European natural gas traders are drawing from the region's record inventories as colder weather settles in, reducing the buffer against winter supply shocks.
