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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] to c/usa@lemmy.ml
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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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Texas power prices soar 20,000% as brutal heat wave sets off emergency (markets.businessinsider.com)
submitted 2 years ago by 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.