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Storm Could Pound Energy Industry
The massive winter storm rolling that is towards the East Coast today could wreak havoc in the energy industry, according to the U.S. Energy Information Administration (EIA). “To help analysts assess potential storm impacts, EIA maintains an energy disruptions map that displays key layers of energy infrastructure, including oil refineries, power plants, and major electric transmission lines, and real-time storm information from the National Weather Service,” EIA wrote.
The storm is expected to bring heavy snow and high winds and has triggered blizzard watches in major Mid-Atlantic cities, including Washington, DC, Baltimore, Philadelphia, and New York City. Nearly 75 million people are in regions expected to be affected by the storm.
Governors in Pennsylvania, Maryland, Virginia, and North Carolina, and the mayor of Washington, DC, have declared states of emergency ahead of this weekend’s storm. A combination of heavy snow and strong winds could lead to downed trees and power outages, and utilities in affected regions are preparing for storm-related impacts.