electricity

Heat tests improved grid, and it appears to pass (AP)

AP – Well before the brutal peak of this week’s East Coast heat wave, utility managers watched as overwhelmed circuits in New York shut down one by one. Hundreds of homes in Queens went dark.

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Heat tests improved grid, and it appears to pass
(AP)

electricity

NY plan to cut wealth tax break worries charities (Reuters)

Reuters – Some New York nonprofit groups are worried a state proposal mirroring U.S. President Barack Obama’s plan to cut charitable tax breaks for the wealthy could spark a drop in donations.

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NY plan to cut wealth tax break worries charities
(Reuters)

electricity

Asian markets cautious after negative US data (AFP)

AFP – Asian stock markets were generally down on Wednesday with investors taking a cautious view of the global economic outlook after negative figures from the United States.

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Asian markets cautious after negative US data
(AFP)

electricity

As power demand soars, grid holds up … so far (AP)

AP – Electricity demand in the East surged Tuesday near levels not seen since the summer of 2006. The power grid has so far been up to the task.

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As power demand soars, grid holds up … so far
(AP)