On Wednesday evening, spot electricity prices topped $5,000 per megawatt-hour, up more than 200 times from Wednesday morning.

  • Texas power prices soared 20,000% Wednesday evening amid another brutal heat wave.

  • Spot electricity prices topped $5,000 per megawatt-hour, up more than 200 times from Wednesday morning.

  • The state’s grid operator issued its second-highest energy emergency, then later said conditions returned to normal.

  • GiddyGap@lemm.ee
    28·
    1 year ago

    Many Texas leaders (and other Taxans) see any energy source that’s not oil and gas based as “part of the radical liberal agenda.”

    • FaeDrifter@midwest.socialEnglish
      5·
      1 year ago

      Well yeah, being a manly man means being inconsiderate and destructive to the environment.

      Oh, you care about nature? You want to be a steward of the Earth? Sounds gay. And gay men get beat to death and sent to hell.

    • BuelldozerA
      3·
      1 year ago

      Sure they do, then they get run the fuck over by the big money Capitalists who are building it anyway. Texas is #1 in renewable energy production for a reason.

    • Wirrvogel@feddit.deEnglish
      2·
      1 year ago

      Many Texas leaders (and other Taxans) see any energy source that’s not oil and gas based as “part of the radical liberal agenda.”

      Solar energy is also decentralized, so people/villages can have their own source of energy and the profits won’t go to one monopoly and that can’t happen, because free market - yes - but not actual free like this.

    • Chocrates@lemmy.world
      1·
      1 year ago

      They do, but capitalism is gonna win this one. Solar is cheap and sunshine is plentiful so it is still getting built. ERCOT is a disaster, most of it on purpose but the legislation that set it up.
      Would probably be a good idea to hook up to the neighboring power grids too for emergencies… like every day in the summer is turning in to.