More than 65 million Americans will face a sharp rise in ele...
More than 65 million Americans will face a sharp rise in electricity bills next year due to lack of energy supply and increased demand for the largest US electricity network, according to insiders. There is a possibility that electricity auction prices in the US will skyrocket after June, which is the new fiscal year. At the electricity auction the other day, the price fell to $28.92 per megawatt/day, which is the lowest price in 10 years, but at the electricity auction to be held in 2023, the latest results will be announced on Tuesday afternoon. Analysts predict that the price will be 2 to 4 times higher at this electricity auction. The electricity auction is conducted by PJM Interconnection, the largest power grid operator in the US, and is one of the most watched events in the US electricity market.
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