this post was submitted on 16 Sep 2023
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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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[–] [email protected] 32 points 1 year ago (1 children)

Emergency? You mean kind of emergency where I have to call my naval architect to lengthen my new summer yacht by another half a football field because I need to spend this profit windfall. -Power Co execs in TX

[–] [email protected] 15 points 1 year ago (1 children)

Someone has to take Ted Cruz to Mexico.

[–] [email protected] 3 points 1 year ago

That only happens when it gets cold