About This Source - Bloomberg QuickTake: Now
Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.
It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Recent from Bloomberg QuickTake: Now:
Bloomberg Quicktake: Now published this video item, entitled “California Heatwave Brings Triple-Digit Temperatures, Threatens Blackouts” – below is their description.
California is getting an early taste of the summer that state officials have been dreading all year.
A heat wave spanning much of the western U.S. has brought triple-digit temperatures to parts of the state, sending power demand soaring and threatening blackouts once again. Trees, grass and brush left parched by a nearly rain-free winter are catching flame.
The drought stretching from West Texas to the California coast and north to the Canadian border is already putting power grids to the test as hydro generation dries up just as homes blast their air conditioners. The heat is expected to crest Thursday and Friday, with the temperature in Sacramento forecast to hit around 110 degrees Fahrenheit.
California’s power grid managers asked residents to cut their electricity use Thursday evening as solar power plant output begins to fade. They want to avoid rolling blackouts, like those that struck California during an historic heatwave last August. The hope is that voluntary conservation should be able to offset a possible shortfall of about 300 megawatts.Bloomberg Quicktake: Now YouTube Channel
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