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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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[–] 37 points 2 years ago* (last edited 2 years ago)

All these motherfuckers, including Abbott and every CEO sitting on ERCOT, need to go to prison for the rest of their goddamned lives. This is ALL market manipulation and price gouging. All of it.

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