Texas power prices soar 20,000% as brutal heat wave sets off emergency
markets.businessinsider.com
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Texas power prices soared 20,000% Wednesday evening amid another brutal heat wave.
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Spot electricity prices topped $5,000 per megawatt-hour, up more than 200 times from Wednesday morning.
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The state's grid operator issued its second-highest energy emergency, then later said conditions returned to normal.
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Meanwhile in reality:
Texas is 1st in the nation in renewables (thanks Obama).
3000Mw battery storage averted this emergency, and there’s a ton more of that on the way (thanks Biden).
Look, this is super misleading information and I keep seeing it repeated. They're first in the nation in total electricity generation from renewable sources, but that's mainly because of how big they are. If you look at what percentage of their consumption is from renewable sources, they're not even in the top ten.
The reason Texas is #1 in renewables is actually Rick Perry, bless his heart. He pushed for a massive expansion of wind generation capacity back in the early 00s and was instrumental in building high voltage transmission lines between west Texas wind and the more eastern population centers. He would be drummed out of today's Republican party
When wanting to eliminate the Dept of Education is too woke...
Oh he didn't mean that, he just wanted to be president and thought that's how he'd get there. He wasn't the brightest bulb
Which is why he became Secretary of Energy under Trump. Also I think he was kicked off Dancing with the Stars in one of the early rounds. Certainly makes him qualified to occupy the same chair as Steven Chu.
Texas, Kansas, Oklahoma have the best onshore wind power potential. Pretty good solar too. And they're tapping in to it.