Texas power prices soar 20,000% as brutal heat wave sets off emergency - eviltoast
On Wednesday evening, spot electricity prices topped $5,000 per megawatt-hour, up more than 200 times from Wednesday morning.

  • Texas power prices soared 20,000% Wednesday evening amid another brutal heat wave.

  • Spot electricity prices topped $5,000 per megawatt-hour, up more than 200 times from Wednesday morning.

  • The state’s grid operator issued its second-highest energy emergency, then later said conditions returned to normal.

  • conditional_soup@lemm.ee
    2·
    1 year ago

    Not to mention Diablo Canyon. Last I heard, we were working on an expansion at Long Valley Geothermal station, but it won’t be ready before DCNR goes offline.

    • LibertyLizard@slrpnk.net
      1·
      1 year ago

      I think they’re going to postpone its closure which will be controversial but necessary to avoid burning more natural gas.

      • conditional_soup@lemm.ee
        3·
        1 year ago

        It’s 2018 and California has postponed the closure of DCNR. It’s 2020 and California has postponed the closure of DCNR. It’s 2023 and California has postponed the closure of DCNR. In the time we’ve been kicking the can down the road, we could have built a newer, better, safer nuclear power plant to replace DCNR. Instead, we keep pushing DCNR way past its intended service life, and we’re going to be shocked, shocked I tell you, when something finally cocks up.