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Blackouts Loom in California as Electricity Prices Are 'Absolutely Exploding'

Blackouts Loom in California as Electricity Prices Are 'Absolutely Exploding'
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Blackouts Loom In California As Electricity Prices Are "Absolutely Exploding"

Two inexorable energy trends are underway in California: soaring electricity prices and ever-worsening reliability – and both trends bode ill for the state’s low- and middle-income consumers.
Last week, the state’s grid operator, the California Independent System Operator, issued a “flex alert” that asked the state’s consumers to reduce their power use “to reduce stress on the grid and avoid power outages.”
CAISO’s warning of impending electricity shortages heralds another blackout-riddled summer at the same time California’s electricity prices are skyrocketing.
In 2020, California’s electricity prices jumped by 7.5%, making it the biggest price increase of any state in the country last year and nearly seven times the increase that was seen in the United States as a whole. According to data from the Energy Information Administration, the all-sector price of electricity in California last year jumped to 18.15 cents per kilowatt-hour, which me ....

United States , Diablo Canyon Power Plant , Shasta County , Rhode Island , Central Valley , San Diego , Diablo Canyon , Jennifer Hernandez , David Benda , Michael Bloomberg , Mark Nelson , Robert Apodaca , Elliot Mainzer , Energy Information Administration , Energy Fund , Sierra Club , California Energy Commission , Shasta County Planning Commission , California Public Utility Commission , California Independent System Operator , Radiant Energy Fund , Power Hungry , San Diego Gas , Big Wind , Fountain Wind , Redding Record Searchlight ,

Blackouts Loom in California as Electricity Prices Explode

The California Independent System Operator has asked consumers to reduce power use “to reduce stress on the grid and avoid power outages.” ....

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