The Stability of the PJM Grid
Everyone knows with the holiday season comes a multitude of dazzling Christmas lights, brightly lit decorations and a need for warmth as the cold, wintry weather sets in. In December 2022, an extreme, unprecedented drop in temperature forced excessive use of indoor heat by consumers and strained the regional transmission organization (RTO) that coordinates the movement of wholesale electricity in all or parts of 13 states, including West Virginia and the District of Columbia.
World Trade Problems
War, conflict, economic sanctions, extreme weather and global pandemics can all affect international trade. However, the overall impact on international sales can take time to determine.
Red Wave
The year is 2000. Texas’ republican Governor George W. Bush was just elected president by a narrow margin defeating democrat incumbent Vice President Al Gore of Tennessee. Republican Cecil Underwood is nearing the end of his term as governor in West Virginia where the democrats hold a 28-6 super majority in the Senate and a 75-25 super majority in the House.
