News and Opinion: May 21, 2022. Parts of The US May Experience Blackouts During the Summer

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Due to many reasons, several areas of the United States may experience blackouts during the summer. Electricity is needed more in the summer. In order to cope with the increased demand of electricity, supply has to increase accordingly. There is where the problem lies.

  • Fossil fuel plants are being decommissioned.
  • A megadrought is decreasing hydroelectric power generation in the American southwest.
  • Supply chain issues are compromising the availability of batteries and components for wind and solar energy generation.

Rolling blackouts could be the elected measure to ensure the stability of the electric grid.

This previous post shows how the electricity is generated in the United States.

This post is intended to only raise awareness. In order to make actual financial decisions please contact your financial advisor and/or tax advisor prior to making the decision.
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