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The US Electricity Crisis: Blackouts and High Prices

The US Electricity Crisis: Blackouts and High Prices
In an aerial view, high voltage power lines run along the electrical power grid in West Palm Beach, Fla., on May 16, 2024. Joe Raedle/Getty Images
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Commentary
The total demand for electricity in the United States is projected to increase by nearly 16 percent over the next five years, which will increase prices and put greater demands on the grid. For the United States to stay competitive and avoid billions of dollars in damages related to blackouts, brownouts, and power fluctuations, new power plants and stronger grids must be built to meet the new demand and keep prices down.
Anders Corr
Anders Corr
Author
Anders Corr has a bachelor's/master's in political science from Yale University (2001) and a doctorate in government from Harvard University (2008). He is a principal at Corr Analytics Inc. and publisher of the Journal of Political Risk, and has conducted extensive research in North America, Europe, and Asia. His latest books are “The Concentration of Power: Institutionalization, Hierarchy, and Hegemony” (2021) and “Great Powers, Grand Strategies: the New Game in the South China Sea" (2018).
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