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pro_grammer@programming.dev to Technology@lemmy.worldEnglish · 1 year ago

Texas power prices briefly soar 1,600% as a spring heat wave is expected to drive record demand for energy

fortune.com

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Texas power prices briefly soar 1,600% as a spring heat wave is expected to drive record demand for energy

fortune.com

pro_grammer@programming.dev to Technology@lemmy.worldEnglish · 1 year ago
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For about one hour late Friday, day-ahead prices on ERCOT's website jumped as high as $688 per MWh.
  • Possibly linux@lemmy.zip
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    1 year ago

    Click bait story that doesn’t paint the complete picture.

    • KillingTimeItself@lemmy.dbzer0.com
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      1 year ago

      good thing you’re only possibly linux. If you were fully linux i’d be retiring from life.

    • Aisteru@lemmy.aisteru.ch
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      1 year ago

      What is the complete picture?

      • db2@lemmy.world
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        1 year ago

        What are you, some kind of communist?

        /S in case

      • TexMexBazooka@lemm.ee
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        1 year ago

        Texans aren’t actually paying those increased prices, not directly anyway.

        • Possibly linux@lemmy.zip
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          1 year ago

          Even if they are, it isn’t necessarily bad thing. If the demand is going above supply you need to decrease demand or increase supply. If you increase cost you decrease demand.

          However, the article above doesn’t give enough information to draw conclusions and it doesn’t even have sources.

    • Entropywins@lemmy.world
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      1 year ago

      Seriously, what are we missing?

      • Possibly linux@lemmy.zip
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        1 year ago

        The entire background. The article is vague and is designed to get people upset. They don’t give any more information other than some crazy sounding percentages.

      • ShepherdPie@midwest.social
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        1 year ago

        They cropped the edges from the article photo.

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