ABSTRACT

U.S. Electricity Sector: Summer 2022 Outlook [May 31, 2022]   [open pdf - 895KB]

From the Document: "Ahead of summer 2022, federal officials have released several warnings about anticipated reliability risks and higher electricity prices compared to 2021. This analysis summarizes these warnings and provides additional information, should Congress consider oversight or other actions in response to these warnings. Demand for electricity peaks in much of the country during the summer, as air conditioning use increases. Losing access to electricity--either from power outages or affordability challenges--may be especially impactful (and potentially life threatening) during the hotter times of the year. In part, officials' warnings stem from ongoing trends, such as energy commodity price increases, retirement of coal-fired power plants, increased use of natural gas and renewable energy sources, and drought conditions in the West. Other contributing factors are relatively new, including Russia's war in Ukraine."

Report Number:
CRS Insight, IN11943
Author:
Publisher:
Date:
2022-05-31
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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