The price has gone x6 times from October and the hashrate thus electricity consumption just 30%,.
Plus, there will be a halving coming dropping again the reward and thus affecting mining profitability thus consumption.
The price is not dependent on the energy consumption, energy consumption is dependent on the price (and on many other factors).

Bottom line the price could reach 1 million with just a doubling consumption,  not even close to what you are imagining.