Feb

25

Cold Cash, from Carder Dimitroff

February 25, 2014 |

The cold weather created revenue spikes for eastern power grids. According to RTO Insider, PJM's gross billings were $11.2 billion in January, about one third of the total for all of 2013. Collateral calls for the month totaled $2.6 billion, more than six times the total for all of 2013.

This suggests a Q1 boost for NRG Energy, FirstEnergy, AEP and Exelon.


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