Texas power prices spike to 16x during spring heat wave

fortune.com

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Texas power prices spike to 16x during spring heat wave

fortune.com

Owl [he/him] to

[email protected]English • 1 year ago

Texas power prices briefly soar 1,600% as a spring heat wave is expected to drive record demand for energy

fortune.com

For about one hour late Friday, day-ahead prices on ERCOT's website jumped as high as $688 per MWh.

lmao lmao.

Reminder that Texas is a separate grid, which is deregulated and financialized, according to neoliberal ideals of efficiency.

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FnordPrefect [comrade/them, he/him]
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16•1 year ago
“So much for climate change!”

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