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.

  • lolcatnip@reddthat.comEnglish
    7·
    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.