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News@lemmy.worldEnglish • 2 years ago

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

markets.businessinsider.com

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

markets.businessinsider.com

@MicroWave@lemmy.world to

News@lemmy.worldEnglish • 2 years ago

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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@andrewth09@lemmy.world
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12•2 years ago
The article was from September 8th. The wind turbine image is from 2017.
- @crypticthree@lemmy.world
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  3•2 years ago
  I stand corrected. But it’s not so hot now. Also it wasn’t a heat wave, it’s just Texas summer. Which is why there’s no excuse for ercot to be so fucking unprepared.

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