Texas power prices briefly soar 1,600% as a spring heat wave is expected to drive record demand for energy
fortune.com
For about one hour late Friday, day-ahead prices on ERCOT's website jumped as high as $688 per MWh.

lmao lmao.

Reminder that Texas is a separate grid, which is deregulated and financialized, according to neoliberal ideals of efficiency.

  • Mactan@lemmy.mlEnglish
    25·
    7 months ago

    the inevitable end for those with the wealth to survive the mortgaging of our utilities. you will have to have water treatment too because the water from your municipality or well will not be safe