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Market
What will be the impact on NYC's electrical grid by August 31?
4
Resolution / Starting Odds
Major power outages • 33%
Minor disruptions • 33%
No impact • 33%
Reports from Con Edison and NYC government
Story
Con Edison Workers Days Away from Strike Amid NYC Heatwave
Jun 22, 2024, 06:38 PM
Thousands of Con Edison workers in New York City are days away from striking as the city grapples with an extreme heatwave. The workers, represented by the Utility Workers Union of America (UWUA), are demanding a fair contract from Con Edison. City officials, including NYC Speaker Adams and Council Member Amanda Farias, have emphasized the critical need for these workers to maintain the electrical grid during the historic heatwave. The potential strike could severely impact the city's ability to manage the heatwave, highlighting the urgency for Con Edison to reach an agreement with the union. The Central Labor Council has also voiced support for the workers.
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No significant impact • 33%
Local outages • 33%
Citywide outages • 33%
Less than $100 million • 25%
$100 million to $500 million • 25%
$500 million to $1 billion • 25%
More than $1 billion • 25%
Positive • 33%
Neutral • 33%
Negative • 33%
Minimal impact • 25%
Moderate impact • 25%
Severe impact • 25%
Catastrophic impact • 25%
Kyiv • 25%
Kharkiv • 25%
Lviv • 25%
Other • 25%
Caracas • 25%
Carabobo • 25%
Miranda • 25%
Other • 25%
Significant improvement • 25%
Moderate improvement • 25%
No significant change • 25%
Worsening situation • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Sabotage • 25%
Technical failure • 25%
Natural disaster • 25%
Other • 25%