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Electricity demand in the PJM Interconnection and ISO New England reached multiyear highs on June 23 and June 24, respectively, the Energy Information Administration said on June 27. Electricity demand increased significantly due to a heat wave that affected most of the Eastern United States the week of June 23.
The Federal Energy Regulatory Commission has accepted ISO New England’s recently proposed improvements to the economic study process, which will help identify and avoid future transmission congestion costs through targeted upgrades.
Moody’s, a national credit rating agency, recently affirmed the Illinois Municipal Electric Agency’s long term debt as an “A1 Rating with a Stable Outlook.”