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.

  • Buelldozer@lemmy.today
    3·
    1 year ago

    Sure they do, then they get run the fuck over by the big money Capitalists who are building it anyway. Texas is #1 in renewable energy production for a reason.