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.

  • @bradorsomething
    28•9 months ago

    Texas is trying to attract crypto miners, I hear.

    …

    giggle

    • @Magister@lemmy.world
      10•9 months ago

      Crypto miners say “ok you need power so we will stop our servers” and Texas gov gives them millions of $ to thank them.