NewsEnglish • 1 year ago

Texas power prices soar 20,000% as brutal heat wave sets off emergency

markets.businessinsider.com

cross-posted to:
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Texas power prices soar 20,000% as brutal heat wave sets off emergency

markets.businessinsider.com

NewsEnglish • 1 year ago

cross-posted to:
technology
[email protected]

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.

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10•1 year ago
Too be fair, it is the best case if you’re one of the rich assholes who owns everything and just wants to squeeze the poors.
- @SCB
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  4•1 year ago
  Sure but that is not the role of government lol
  - @[email protected]
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    4•1 year ago
    Historically speaking?
  - @[email protected]
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    2•1 year ago
    Says who?

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