Americas

Electricity consumption in the United States is expected to be bolstered by strong demand for air conditioning in early July as heatwaves are forecast to hit the country, especially in the northeast. Above-average temperatures are forecast until August, primarily in the western, southern and eastern US. Temperatures are expected to be highest in New England and along the stretch running from Texas to the Pacific Northwest.

In Texas, transmission system operator the Electric Reliability Council of Texas (ERCOT) expects its reserve margin to be below its...