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.

  • douglasg14b@lemmy.worldEnglish
    303·
    1 year ago

    Yeah, those vested interests are part of the free market.

    You don’t get to cherry pick this

    • Chaotic Entropy@feddit.ukEnglish
      7·
      1 year ago

      It doesn’t seem like a very “free” market with lobbyists, subsidies, and pet politicians propping up the establishment entities in every corner of the market. Too big to fail and all that.