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.

  • conditional_soup
    3·
    9 months ago

    It’s 2018 and California has postponed the closure of DCNR. It’s 2020 and California has postponed the closure of DCNR. It’s 2023 and California has postponed the closure of DCNR. In the time we’ve been kicking the can down the road, we could have built a newer, better, safer nuclear power plant to replace DCNR. Instead, we keep pushing DCNR way past its intended service life, and we’re going to be shocked, shocked I tell you, when something finally cocks up.