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US Issues Grid Emergency Order to PJM Amid October Heatwave Hot: Odds moved 18 points in 24 hours

The DOE empowers PJM Interconnection to manage generation and activate backup power at data centers through October 16 to stabilize the grid during peak demand.

2 publishers · 2 articles · first seen 13 Oct 2026 · updated 2h ago

The odds

How the odds moved · Above 15 days
0%50%100%63%13 Oct, 11:35 UTCnowQuartz: DOE issued an emergency grid order to PJM as October heat strains power supplies · 14 Oct, 11:20 UTC

Each tick is a source publishing on this story · 1 more published before price tracking began

Price data
TimeChance of yes
now63%
14 Oct, 13:19 UTC63%
14 Oct, 12:13 UTC62%
13 Oct, 11:35 UTC42%

The story so far

2 publishers have covered this in 2 articles since 13 Oct 2026. Times of India published first, on 13 October at 10:53 UTC; Quartz followed 24h 27m later. The most recent article, from Quartz, appeared on 14 October at 11:20 UTC.

Outlets reporting it: Times of India, Quartz.

One prediction market prices this story:

  • Above 15 days — the market puts it at 63%, with $8k traded in the last 24 hours, closing 1 Jan 2027. The market resolves to Yes if a PJM Maximum Generation Emergency/Load Management Alert applies for more than 15 calendar days in 2026. It resolves to No if that alert applies for 15 days or fewer. Readers often mistake the linked news story about an October heatwave as the sole trigger, but the resolution depends strictly on the total count of alert days throughout the entire year.

Odds are the market's probability that the outcome happens, updated every few minutes. They are information about what traders expect, not a forecast we make and not investment advice.

Sources

Every article we clustered into this story. Headlines link to the publisher.

  1. DOE issued an emergency grid order to PJM as October heat strains power supplies Quartz
  2. US issues power grid emergency in 13 states: Reason and what it means for residents Times of India

Markets on this story

  • Kalshi Above 15 days 63% +18 $8k 24hends 1 Jan 2027

    Does the market have this right?

    Wrong market?

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In this story

  • DOE
  • PJM
  • Chris Wright
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