eds21
Well-Known Member
Actually when Texas froze in February the price went to $9000 per megawatt and stayed there for 4 days!Normal price for a megawatt of electricity for purchase by the utilities is around $30. This past five days with the Western US in excessive heat warnings the price is $300/megawatt.
last year when temps got hot and CA had rolling brown outs the price was $1000 per megawatt. Same prices when Texas froze last Winter.
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