The Edison Electric Institute has selected Drew Maloney as its new CEO effective July 1, when he will succeed interim CEO Pat Vincent-Collawn.

Portland General Electric’s rate hikes largely stem from increased wholesale power market costs, the utility wrote after Sen. Ron Wyden voiced concern that Oregon customers are struggling to pay their electricity bills.

CAISO scored simultaneous victories in heavily contested territory after Portland General Electric and Idaho Power both signaled their intent to join the Extended Day-Ahead Market.