
North American energy market
The North American energy market includes the production, distribution, and consumption of electricity, natural gas, and oil across the United States, Canada, and Mexico. It is influenced by supply and demand, government regulations, technology, and geopolitical factors. The region relies on a mix of fossil fuels and renewable energy sources, with ongoing shifts toward cleaner energy. Investments in infrastructure and innovations like smart grids help improve efficiency and reliability. Market prices fluctuate based on global markets, climate conditions, and policy changes, ultimately affecting energy availability and costs for consumers and industries.