- cross-posted to:
- technology@lemmy.world
- cross-posted to:
- technology@lemmy.world
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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.
The problem hasn’t been during the day. The supply and demand has a lag (sun comes out and its still cool and sun goes down and its still hot). The hottest part of the day has been about 6pm and then solar power starts declining before power use. That’s been when the shortages have been.