Texas power prices briefly soar 1,600% as a spring heat wave is expected to drive record demand for energy
Texas power prices briefly soar 1,600% as a spring heat wave is expected to drive record demand for energy
fortune.com Texas power prices briefly soar 1,600% as a spring heat wave is expected to drive record demand for energy
For about one hour late Friday, day-ahead prices on ERCOT's website jumped as high as $688 per MWh.
![Texas power prices briefly soar 1,600% as a spring heat wave is expected to drive record demand for energy](https://lemmy.world/pictrs/image/3ab70983-4f4b-46ca-ba4b-6d9516b174d4.jpeg?format=webp&thumbnail=256)
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uh oh, somebody did a capitalism
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