Texas power prices soar 20,000% as brutal heat wave sets off emergency
Texas power prices soar 20,000% as brutal heat wave sets off emergency
markets.businessinsider.com 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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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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