Jarrett: Energy supply dukes it out with demand

Since 2020, electricity prices have been steadily rising. And since 2022, they’ve increased at twice the rate of inflation. Consumers are right to be frustrated. With oil prices falling, electricity prices have emerged as the key energy pain point for families and the target for aggressive energy policy.

Bringing down electricity prices is now a priority, but Americans shouldn’t lose sight of the other critical challenge now facing the nation’s supply of electricity: rapidly eroding grid reliability.

In regional electricity grids nationwide, the supply of power is in danger of being overwhelmed by demand, especially during peak periods such as scorching summer days and deep winter freezes. Last December, the nation’s top grid reliability regulator, the North American Electric Reliability