this post was submitted on 16 Sep 2023
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377
Texas power prices soar 20,000% as brutal heat wave sets off emergency (markets.businessinsider.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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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.

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[–] Burn_The_Right@lemmy.world 37 points 1 year ago* (last edited 1 year ago)

All these motherfuckers, including Abbott and every CEO sitting on ERCOT, need to go to prison for the rest of their goddamned lives. This is ALL market manipulation and price gouging. All of it.