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Texas power prices soared 20,000% Wednesday evening amid another brutal heat wave.
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Spot electricity prices topped $5,000 per megawatt-hour, up more than 200 times from Wednesday morning.
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The state’s grid operator issued its second-highest energy emergency, then later said conditions returned to normal.
This is solar’s half of the battle, high energy demand during bright sunlight.
The Texas grid issues have been right after solar drops off (evening, not day) because Texas does rely on solar for a small, but necessary, part of it energy. The second half is energy storage, and Texas lacks that which is why its been having many close calls this summer and has resorted to paying cryptominers to not mine to narrowly scrape by after solar power drops off.