this post was submitted on 16 Sep 2023
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378
Texas power prices soar 20,000% as brutal heat wave sets off emergency (markets.businessinsider.com)
submitted 1 year ago by [email protected] to c/[email protected]
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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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[โ€“] [email protected] 77 points 1 year ago (4 children)

Texas talks a lot of shit for a state that can't keep the lights on.

[โ€“] [email protected] 8 points 1 year ago* (last edited 1 year ago)

We have a saying in germany about our state owned railway operator:

The four biggest enemies of punctuality are Summer, Winter, Autumn and Spring.

Maybe the same is true for energy reliability and ERCOT?

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