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.

  • Bassman1805@lemmy.worldEnglish
    61·
    1 year ago

    Good thing we brought all those bitcoin miners to “incentivize” the power companies to improve the grid. And then we give them millions in energy credits to make them stop so we don’t have a total meltdown.

    10/10 plan, there.