Texas power prices saw a surge of 20,000% last week, driven by another intense heatwave that triggered an emergency alert from the state’s grid operator.  Spot electricity prices reached over $5,000 per megawatt-hour by 8:20 p.m. local time on Wednesday, marking a staggering increase of more than 200 times compared to earlier in the day. … Continue reading Texas Faces Power Price Surge of 20,000% in Severe Heatwave