UPDATED June 24, 5:50 p.m. ET : The National Space Weather Prediction Center has downgraded its prediction for the geomagnetic storm expected to create auroras Wednesday night into Thursday. The storm will likely not create amazing auroras.

While a "severe" solar storm that sparked dazzling auroras around the world on Monday through Tuesday morning is dying down now, skywatchers shouldn't stop looking up quite yet.

Another potentially powerful solar tempest is expected to impact Earth on Wednesday into Thursday, and it could create more amazing auroras for people in the Northern and Southern Hemispheres.

In particular, the next solar storm is especially well aimed to enhancing aurora activity over North America, according to experts at the National Space Weather Prediction Center (SWPC) in Boulder, Colorado.

Monday's solar storm hit the G4 or "severe" level, a relatively rare class of storm that can create bright auroras in relatively low latitudes. Such G4 storms — the rating scale goes up to G5 — can also cause problems with power grids on Earth and harm satellites in space.

And another storm of that severe magnitude is likely on its way to Earth now.

Scientists at the SWPC are anticipating that the solar storm predicted to arrive Wednesday could, yet again, produce beautiful auroras in relatively low latitudes.

At the moment, the SWPC is predicting a G3 or "strong" storm on Wednesday and Thursday, but that was the forecast for Monday, as well.

"Wednesday night into Thursday morning, we could see active [space weather] conditions again over the entire planet," SWPC operations officer Brent Gordon told Mashable in an interview.

"For aurora watchers over the U.S. and North America, that might actually be a little bit more conducive, given the timing of it, to go out and see something great."

Monday's solar storm — which started at about 2 p.m. EDT — was caused by bursts of hot plasma shot from the sun and interacting with Earth's magnetic field. The storm was particularly strong because three coronal mass ejections (CMEs) — burps of hot solar plasma — met up in space and arrived at the planet at about the same time. The solar storm was possibly a little stronger than the St. Patrick's Day solar storm in March 2015, which created dazzling auroras as far south as Illinois, Gordon said.

The next solar storm will result from a powerful CME as well, which burst forth from the sun on Monday.

The Aurora Borealis was visible over The Great Orme near Llandudno on the north coast of Wales. Image: @cjbarr01

Gordon says he heard reports of power grid operators in the United States taking steps to protect the grid from possible damage on Monday, but no major issues caused by the most recent storm have been reported to the SWPC.

Space weather events like Monday's aren't anywhere near as catastrophic as the most intense kinds of solar storms could be. More powerful space weather events, on the G5 level, can potentially create bigger problems for satellites and people in space.

#AuroraSelfie from this #solarstorm! Melbourne Australia(C. Gordon) Appalachian trail MA Mankato MN Mt. Washington NH pic.twitter.com/mHOqsg3MD4 — Sun Viewer (@SunViewer) June 23, 2015

Some experts predict that the most extreme solar storms could knock out power for millions of Americans and other parts of the world.

The CMEs that hit Earth Monday and Tuesday come from the same active, Earth-pointing region of the sun that shot out the CME expected to arrive at Earth Wednesday. Monday's storm was the result of two CMEs sent into space by solar flares on June 18 and June 19 meeting up with a third, faster moving CME shot from the sun on June 21.

Wednesday's predicted storm is the result of another CME released during a separate flare from the same region Monday.

Day 87. The red curtain of an #aurora closes on another day. Good night from @space_station! #YearInSpace pic.twitter.com/NUyJkGKy9y — Scott Kelly (@StationCDRKelly) June 22, 2015

Although the SWPC is predicting a somewhat strong storm for Wednesday, space weather is notoriously difficult to predict on the whole, Gordon said. For instance, while scientists think that the Monday to Tuesday solar storm should be petering out in the next 6 to 10 hours, they aren't exactly sure.

See also: Aurora Australis returns to southern skies for a spectacular encore

"We're watching what appears to be the storm starting to taper off, but we don't know what's further upstream from that point," Gordon added. "You never know when we're going to get another blast."

People hoping to spot auroras should look to the north after darkness falls in light pollution and cloud-free areas. Usually, auroras are best-seen from the high latitudes, but sometimes a big solar storm can push the areas of visibility for the aurora into lower latitudes.

For instance, a G4 storm like the one on Monday could correspond to auroras being visible as far south as New York. Some people reported seeing the northern lights as far south as Colorado during the St. Patrick's Day storm in March 2015.

Astronauts on the International Space Station can also do some aurora spotting from their posts in space. NASA astronaut Scott Kelly — a Space Station crew member living and working on the space laboratory for one year — posted amazing photos and even a video of the supercharged auroras as seen from above.

The dancing lights of the aurora are created when charged particles sent forth from the sun slam into Earth's magnetic field. The particles interact with other particles in the Earth's upper atmosphere, exciting them and causing them to glow. For example, green auroras are created when oxygen atoms become excited.

You can get alerts about aurora activity through Twitter via Aurora_Alerts.