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Texas power prices soar 20,000% as brutal heat wave sets off emergency (markets.businessinsider.com)
submitted 2 years ago by [M, B] to c/technology@lemmy.world
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Texas power prices soar 20,000% as brutal heat wave sets off emergency::On Wednesday evening, spot electricity prices topped $5,000 per megawatt-hour, up more than 200 times from Wednesday morning.

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[–] 32 points 2 years ago (1 child)

Emergency? You mean kind of emergency where I have to call my naval architect to lengthen my new summer yacht by another half a football field because I need to spend this profit windfall. -Power Co execs in TX

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