US Largest Power Grid Too Big to Function Says Regulator

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Published: 1 day ago

Federal Energy Regulatory Commission Chair Laura Swett stated that PJM Interconnection LLC, the biggest US power grid, may be too large to function properly and requires urgent reform. The comments were made at the grid operator's annual meeting. This development could weaken USD sentiment as infrastructure concerns may impact economic stability and energy sector confidence. Traders should monitor for potential risk-off flows affecting dollar pairs.

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