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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As a former Texan this breaks my heart. Alot of innocent and less well off people will suffer due to entrenched corruption.
I moved away because of this exact kind of shit.
Where’d u go? We came up to Portland.
I moved to the PNW as well. I hate the bureaucracy, and miss the barbecue, but they can have the rest. The bureaucracy you have to tolerate because it helps maintain the balance of divided people making the best choices. Much better path than down south where the road to hell is paved with red intentions.
Idk about the bureaucracy being useful, maybe it just needs tuning. But rn Portland (or maybe it’s the county) has $10million set aside for homeless services/projects and no plan for any of it.
Exactly, they move slowly, but it's better than the southern plan.
Philadelphia, it's paradise.