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Technology@lemmy.worldEnglish · 9 months ago

Texas power prices briefly soar 1,600% as a spring heat wave is expected to drive record demand for energy

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Texas power prices briefly soar 1,600% as a spring heat wave is expected to drive record demand for energy

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Technology@lemmy.worldEnglish · 9 months ago

For about one hour late Friday, day-ahead prices on ERCOT's website jumped as high as $688 per MWh.

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9 months ago
The higher the percentage, the greater the incentive.

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