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.
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.
Emergency? You mean kind of emergency where I have to call my naval architect to lengthen my new summer yacht by another half a football field because I need to spend this profit windfall. -Power Co execs in TX