Latest news with #AES
Indianapolis Star
8 hours ago
- Climate
- Indianapolis Star
How long is food good in the fridge without power? What Hoosiers still without power need to know
More than 100,000 Hoosiers lost power from storms earlier this week, and there are still around 13,000 Indianapolis residents without power as we head into the weekend, according to the AES outage map. Here's some tips for those without power. The refrigerator will keep food cold for about four hours after the power goes out. A full freezer will keep the temperature for about 48 hours without power. It is important to keep freezer and refrigerator doors closed to lengthen how long items will keep. Once the power resumes, be sure to check the items in your fridge to make sure nothing has spoiled. When in doubt, throw it out. Throw away any food that has been exposed to temperatures 40 degrees or higher for two hours or more, or that has an unusual odor, color or texture. If the power is out for more than a day, discard any medication that should be refrigerated, unless the drug's label says otherwise. Consult your doctor or pharmacist immediately for a new supply.
Indianapolis Star
8 hours ago
- Climate
- Indianapolis Star
AES repair time estimates leave some without power as heat wave moves into Indy
More than 14,000 Hoosiers are without power just ahead of a days-long heat wave, according to a outage maps from AES and Duke Energy. Powerful storms that came through central Indiana on June 18 knocked out electricity for more than 67,000 AES customers and 69,000 Duke Energy customers. Most, but not all, have since had their service restored. As of about 8:30 a.m. on June 20, Duke reported 4,235 customers without power throughout the state. AES had 10,279 without power. "Due to the extent of the damage to our service territory, and based on our assessment, we anticipate most remaining customers to be restored by midday Sunday," a statement from AES read in part. An extreme heat wave will be in its second day at that point, according to the latest forecast from the National Weather Service. Heat indices could spike into the triple digits on June 22 and June 23 as both the temperature and humidity levels climb to their highest levels so far this year. "We know being without power in this heat is difficult ... our crews continue working around the clock to restore service," an AES spokesperson said. The "vast majority" of Duke's power outages in Avon, Plainfield, Greencastle and New Castle are expected to be restored by noon on June 20, according to a news release. Bedford, Bloomington, Noblesville and Terre Haute are expected back online by 6 p.m., and Columbus by midnight on June 21. "I think we're on track to meet those ETAs," said Duke spokesperson McKenzie Barbknecht. High temperatures can be extremely dangerous, especially for young children and the elderly. Indy Parks family centers and public libraries will be open to those seeking respite from the heat. The following Indy Parks facilities will be open as cooling centers this weekend. Their hours of operation can be found at Public libraries will also be an option for people seeking cool air. The Indianapolis Public Library has branches at the following locations. Their hours can be found online at The three main heat-related illnesses to look out for are heat cramps, heat exhaustion and heat stroke. If any of the following symptoms are evident on you or another person: move to a cooler area, loosen clothing and sip cool water. Seek a medical professional if any of the symptoms don't improve within an hour. Heat cramps may be the first sign of illness that could lead to more serious symptoms. Cramps show up as painful muscle cramps or spasms along with heavy sweating, according to NWS. Use firm pressure on the cramping muscles and massage them gently. Heat exhaustion will show up as heavy sweating, weakness or tiredness with cool and clammy skin. The person's pulse may be quick but weak and they may exhibit dizziness or nausea. Immediately move the person to an air-conditioned room, loosen clothing and apply cool, wet cloth to the skin. Heat stroke needs immediate medical attention, so call 9-1-1 or get the patient to a hospital. Heat stroke can appear as throbbing headaches, confusion, nausea, dizziness, body temperatures above 103 degrees. The patient's skin can also appear red with a lack of sweat. This is a serious illness and delays in medical care can be fatal.
Indianapolis Star
9 hours ago
- Climate
- Indianapolis Star
Days-long extreme heat advisory issued for Indianapolis. NWS warns of triple digit heat wave
A heat wave set to hit Indianapolis beginning June 21 will last for about a week, according to the National Weather Service's latest forecast. The summer solstice on June 20 welcomes the season with a breezy, sunny 86 degrees. That's temperate in comparison to the days to come: heat indices from June 21 to June 23 will spike as high as 102 degrees in Indianapolis. A heat advisory has been issued for every day between June 21 and June 24. An extreme heat watch is in effect for parts of northern Indiana, including Logansport and Marion. There will be "little overnight relief" from humidity, the NWS warns. The hot spell isn't expected to break until rainfall comes into the area, but that might not happen until late next week, according to NWS meteorologist Alexander McGinnis. "As you get toward the end of the week, it's not quite as hot or quite as humid, but (the forecast shows) no significant improvement in the heat or humidity at this time," McGinnis said. At 8 a.m. on June 20, AES reported that 13,000 customers remained without power after June 18 storms. Going without air conditioning during the extreme heat can be dangerous, and Indy Parks and public libraries will be open to those seeking relief from the heat. More: No AC? Here's where to stay cool or swim in Indianapolis amid heat wave Heat index values peaking in the low 100s are expected each day from Saturday through Tuesday. A heat advisory is in effect for these days. Exercise caution during this time and know the signs of heat illness - which can develop rapidly! #INwx #HeatSafety ☀️ Friday: Patchy fog before 8 a.m. Otherwise, mostly sunny, with a high near 86 degrees. Light southwest wind becoming west southwest 5 to 10 mph in the morning. 🌙 Friday night: Mostly clear, with a low around 70 degrees. South wind around 9 mph. ☀️ Saturday: Sunny and hot, with a high near 93 degrees. Heat index values as high as 101 degrees. South and southwest wind 8 to 14 mph, with gusts as high as 24 mph. 🌙 Saturday night: Mostly clear, with a low around 75 degrees. South and southwest wind 8 to 10 mph, with gusts as high as 20 mph. ☀️ Sunday: Sunny and hot, with a high near 94 degrees. Southwest wind 7 to 11 mph, with gusts as high as 18 mph. 🌙 Sunday night: Mostly clear, with a low around 74 degrees. South southwest wind 6 to 9 mph. ☀️ Monday: Sunny and hot, with a high near 94 degrees. Southwest wind 5 to 8 mph. 🌙 Monday night: Mostly clear, with a low around 74 degrees. Southwest wind 3 to 6 mph. ☀️/⛈️ Tuesday: A 20% chance of showers and thunderstorms after 2 p.m. Sunny and hot, with a high near 93 degrees. Calm wind becoming southwest around 6 mph in the afternoon. 🌙/⛈️ Tuesday night: A 20% chance of showers and thunderstorms. Partly cloudy, with a low around 74 degrees. Southwest wind around 5 mph, becoming calm in the evening. ☀️/⛈️ Wednesday: A 30% chance of showers and thunderstorms. Mostly sunny and hot, with a high near 93 degrees. 🌙/⛈️ Wednesday night: A 30% chance of showers and thunderstorms. Partly cloudy, with a low around 74 degrees. ☀️/⛈️ Thursday: A 30% chance of showers and thunderstorms. Mostly sunny and hot, with a high near 91 degrees. Older Hoosiers and young children are at the greatest risk during extreme heat events. To stay safe and prepared, here's what the experts suggest: The American Red Cross The National Weather Service Centers for Disease Control and Prevention The three main heat-related illnesses to look out for are heat cramps, heat exhaustion and heat stroke. If any of the following symptoms are evident on you or another person: move to a cooler area, loosen clothing and sip cool water. Seek a medical professional if any of the symptoms don't improve within an hour. Heat cramps may be the first sign of illness that could lead to more serious symptoms. Cramps show up as painful muscle cramps or spasms along with heavy sweating, according to NWS. Use firm pressure on the cramping muscles and massage them gently. Heat exhaustion will show up as heavy sweating, weakness or tiredness with cool and clammy skin. The person's pulse may be quick but weak and they may exhibit dizziness or nausea. Immediately move the person to an air-conditioned room, loosen clothing and apply cool, wet cloth to the skin. Heat stroke needs immediate medical attention, so call 9-1-1 or get the patient to a hospital. Heat stroke can appear as throbbing headaches, confusion, nausea, dizziness, body temperatures above 103 degrees. The patient's skin can also appear red with a lack of sweat. This is a serious illness and delays in medical care can be fatal. 🚨 Indiana Weather Alerts: Warnings, Watches and Advisories. ⚡ Indiana power outage map: How to check your status. 💻 Internet outages: How to track them. 🚫 What you should and shouldn't do when the power is out. 🐶 Your neighbor left their pet outside. Who you should call. Ryan Murphy is the communities reporter for IndyStar. She can be reached at rhmurphy@ Karl Schneider is an IndyStar environment reporter. You can reach him at Follow him on Twitter @karlstartswithk
Forbes
12 hours ago
- Business
- Forbes
Buy The Dip In AES Stock?
AES (NYSE:AES), an American utility and power generation firm, experienced a nearly 8% drop in its stock during Tuesday's trading session. This decline follows the introduction of proposed modifications to President Trump's tax plan by Senate Finance Committee Republicans. The proposed adjustments aim to reduce renewable energy incentives, intending to eliminate solar, wind, and other clean energy tax credits by 2028 instead of the 2032 timeline established by the Inflation Reduction Act. These adjustments may affect AES, which derives approximately 52% of its power capacity from renewable sources. Excluding the company's hydropower capacity, which will remain unaffected by the cuts to tax credits, around 29% of AES's capacity comes from renewable resources. Furthermore, the company's forthcoming pipeline of projects is predominantly centered on renewable assets. Other significant renewable energy stocks also witnessed a notable decline on Tuesday. See How The Tax Cuts Impact Solar Major Enphase Energy Despite some favorable aspects for AES's stock, such as the growth in data center partnerships and a low valuation, several concerns remain. We reached our conclusion by assessing the current valuation of AES stock in relation to its operational performance over recent years, as well as its current and historical financial health. Our evaluation of AES through key parameters of Growth, Profitability, Financial Stability, and Downturn Resilience reveals that the company has a very weak operating performance and financial status, as detailed below. However, for those seeking upside with lower volatility than individual stocks, the Trefis High Quality portfolio offers an alternative – it has outperformed the S&P 500 and generated returns exceeding 91% since its inception. When considering what you pay per dollar of sales or profit, AES stock appears inexpensive compared to the broader market. • AES has a price-to-sales (P/S) ratio of 0.7 compared to 3.1 for the S&P 500 • Additionally, it has a price-to-earnings (P/E) ratio of 6.3 in contrast to the benchmark's 26.9 AES's Revenues have experienced a decline over the past few years. • AES's top line has had an average growth rate of 2.5% over the last 3 years (compared to an increase of 5.5% for the S&P 500) • Its revenues have dropped 3.2% from $13 Bil to $12 Bil in the past 12 months (against a growth of 5.5% for the S&P 500) • Furthermore, its quarterly revenues decreased 5.2% to $2.9 Bil in the latest quarter from $3.1 Bil a year prior (versus a 4.8% improvement for the S&P 500) AES's profit margins are around the average level for companies in the Trefis coverage universe. • AES's Operating Income for the last four quarters was $1.8 Bil, representing a moderate Operating Margin of 15.2% • AES's Operating Cash Flow (OCF) during this period was $3.0 Bil, indicating a moderate OCF Margin of 24.8% (compared to 14.9% for the S&P 500) • In the last four-quarter period, AES's Net Income reached $1.3 Bil – reflecting a moderate Net Income Margin of 10.7% (compared to 11.6% for the S&P 500) AES's balance sheet appears very weak. • AES's Debt stood at $31 Bil at the end of the latest quarter, while its market capitalization is $7.5 Bil (as of 6/17/2025). This results in a poor Debt-to-Equity Ratio of 375.6% (compared to 19.4% for the S&P 500). [Note: A low Debt-to-Equity Ratio is preferred] • Cash (including cash equivalents) accounts for $1.8 Bil of the total $49 Bil in AES's Total Assets. This yields a low Cash-to-Assets Ratio of 3.7% AES stock has underperformed significantly against the benchmark S&P 500 index during several recent downturns. While investors hope for a soft landing for the U.S. economy, what might happen if another recession occurs? Our dashboard How Low Can Stocks Go During A Market Crash illustrates how key stocks performed during and after the last six market crashes. • AES stock plummeted 57.5% from a high of $29.27 on 13 December 2022 to $12.45 on 6 October 2023, in contrast to a peak-to-trough decline of 25.4% for the S&P 500 • The stock has not yet returned to its pre-Crisis high • The highest the stock has achieved since then is 21.77 on 30 May 2024 and is currently trading at around $10.50 • AES stock fell 54.5% from a high of $21.03 on 18 February 2020 to $9.56 on 18 March 2020, compared to a peak-to-trough decline of 33.9% for the S&P 500 • The stock fully recovered to its pre-Crisis peak by 11 November 2020 • AES stock declined 79.5% from a high of $23.90 on 23 May 2007 to $4.91 on 9 March 2009, versus a peak-to-trough decline of 56.8% for the S&P 500 • The stock completely recovered to its pre-Crisis peak by 5 January 2021 In conclusion, AES's performance across the parameters detailed above is summarized as follows: • Growth: Weak • Profitability: Neutral • Financial Stability: Extremely Weak • Downturn Resilience: Extremely Weak • Overall: Very Weak Consequently, despite its very low valuation, we believe that the stock is unattractive, which reinforces our conclusion that AES is currently a poor investment choice. While it would be wise to steer clear of AES stock for now, you might consider the Trefis Reinforced Value (RV) Portfolio, which has consistently outperformed its all-cap stocks benchmark (a combination of the S&P 500, S&P mid-cap, and Russell 2000 benchmark indices) to deliver strong returns for investors. Why is that? The quarterly rebalanced mix of large-, mid-, and small-cap RV Portfolio stocks offers a flexible approach to capitalize on favorable market conditions while minimizing losses during downturns, as elaborated in RV Portfolio performance metrics.
New Straits Times
2 days ago
- Automotive
- New Straits Times
Nurture a safe driving culture with 'Stay at 110kph' campaign
LETTERS: Speeding seems to have become a widely accepted "traffic norm" in Malaysia. For example, on a dual-lane expressway with a speed limit of 110kph, if you don't want to trail behind slower vehicles such as lorries, trucks, buses or cars travelling at 80 or 90kph in the left lane, you have to move into the right lane. The problem is, when you drive in the fast lane at the legal limit of 110kph, it's common to be tailgated by speedsters flashing their high beams and turning on their right signal light persistently — pressuring the law-abiding driver like you, to give up the fast lane. This behaviour is widespread whether the speed limit is 60, 90 or 110kph. Similar scenes are observed on all classes of roads. The contrast with Singapore is particularly striking, where strict enforcement has led to a culture of law-abiding driving. I propose that we launch a public awareness campaign called "Drive Wise. Stay at 110kph" campaign (adjusted according to the actual speed limit of the road). But in order for this campaign to truly make an impact in society, several key factors must be seriously considered: 1. Strengthen enforcement mechanisms: The authorities should improve automated enforcement systems and install more Automated Enforcement System (AES) speed cameras. Also introduce artificial intelligence-powered speed detection and automated penalty systems and penalise dangerous driving behaviour more severely, establish a nationwide public reporting platform and implement a reward-based system for reporting violations. 2. Deepen public safety education: The Transport Ministry can introduce dedicated traffic etiquette assessments, promote this movement through social media outreach, install dynamic Light Emitting Diode (LED roadside signage (for example, "The Fast Lane is not a Racing Lane" slogans), engage celebrities or influencers as road safety ambassadors. Other moves include developing a safe driving rewards app, partner with radio stations to broadcast reminders during peak hours, encouraging drivers to respect speed limits and practise courteous driving. 3. Address collective psychology: By leveraging social media, more people can participate in the "110kph Movement" and gradually adopt it as a daily conscious behaviour, leading to the formation of a new, collective driving culture. Such a culture can normalise law-abiding driving habits, helping the public view speed-limit adherence as a sign of civic maturity.
