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
https://fortune.com/2024/05/18/texas-power-prices-1600-percent-heat-wave-record-energy-demand-electric-grid/
For about one hour late Friday, day-ahead prices on ERCOT's website jumped as high as $688 per MWh.