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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 MicroWave@lemmy.world to c/news@lemmy.world

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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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[–] Intralexical@lemmy.world 7 points 2 years ago (1 child)

Welcome to Cascadia, land of trees, salmon, and hydroelectric dams.

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[–] Fedizen@lemmy.world 4 points 2 years ago*

and while its not renewable and there's a big question on how effectively its stored, nuclear power is sustainable.

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lemmy:	0.19.20
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