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.

  • AntiOutsideAktion [he/him]
    ·
    6 months ago

    I love free market basic utilities because of the informed choice you have as a consumer to choose to use it when you hear about price changes before you're charged