Why is electricity more expensive and unreliable

The annual inflation rate in June reached 9.1%, the highest in 41 years. Consumers are being impacted by the unsustainable increase in the prices of staple foods such as food, housing, furniture, gasoline, air tickets, cars and trucks; It was mainly affected by the pandemic related labor, supply chain problems, fiscal policy and the protracted war in Eastern Europe.

The cost of public utilities (Allen Bradley 1756-EN2TR EtherNet/IP Communication Module, B&R X20AI1744 I/O Module，Siemens 6ES7153-1AA03-0XB0 SIMATIC DP) has also increased significantly. In fact, it is the highest since 2006. However, unlike core inflation, most of the headline grabbing power cost growth is the result of policy choices made by so-called "restructuring" states, such as California, Illinois, New York and Texas, and regional wholesale power markets. In the late 1990s, competition was touted as a good news for consumers.

To get electricity industry part,get in touch with Vivi (sh_plc@163.com).