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User ID: 80176490 Mexico 04/13/2021 10:27 PM Report Abusive Post Report Copyright Violation | Texas Faces New Power Crisis: Prices Soar 10,000% As ERCOT Urges Power Conservation Amid Grid 'Emergency' Texas' power grid operator said: "Due to a combination of high gen outages typical in April & higher-than-forecasted demand caused by a stalled cold front over TX, ERCOT may enter emergency conditions. With a cold front moving through the Lone Star state some generation units were already down for repair work. Bloomberg reports one spot price for Texas power jumped as much as 10,000% on Tuesday. In particular, the average spot on-peak electricity at Ercot’s North Hub jumped more than 10,000% to $1,975.96 a megawatt-hour as of 4 p.m, according to grid data compiled by Genscape. Prices are capped at $2,000 a megawatt hour, after regulators suspended the previous $9,000 cap following the energy crisis. UNCLE JOHN |
Anonymous Coward User ID: 75625314 United States 06/14/2021 03:12 PM Report Abusive Post Report Copyright Violation | Re: Texas Faces New Power Crisis: Prices Soar 10,000% As ERCOT Urges Power Conservation Amid Grid 'Emergency' |
Anonymous Coward User ID: 79134376 06/14/2021 03:20 PM Report Abusive Post Report Copyright Violation | Re: Texas Faces New Power Crisis: Prices Soar 10,000% As ERCOT Urges Power Conservation Amid Grid 'Emergency' It is a shame that more people don't have more supplemental electricity generation. A small solar setup doesn't cost a lot. Even a small wind generator can offset electricity usage. |
Arlie27
User ID: 55611245 United States 06/14/2021 03:21 PM Report Abusive Post Report Copyright Violation | Re: Texas Faces New Power Crisis: Prices Soar 10,000% As ERCOT Urges Power Conservation Amid Grid 'Emergency' They haven't replaced the power plants they shut down. Now they can price gouge with deliberately reduced energy production. Why would Texas, of all states, do this? |