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submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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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[-] douglasg14b@lemmy.world 29 points 1 year ago

Yeah, those vested interests are part of the free market.

You don't get to cherry pick this

[-] ChaoticEntropy@feddit.uk 7 points 1 year ago

It doesn't seem like a very "free" market with lobbyists, subsidies, and pet politicians propping up the establishment entities in every corner of the market. Too big to fail and all that.

this post was submitted on 16 Sep 2023
378 points (98.0% liked)

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