Texas Power Prices Surged by 100% on Tuesday.

[NNadir]

Texas power prices jump 100% as record heat wave sends demand soaring

Texas power prices soared 100% on Tuesday amid a massive heat wave that broke some records.

The price shot up to about $5,000 per megawatt-hour from $2,500 earlier in the day.

Texas power prices doubled on Tuesday as record high temperatures in parts of the state sent demand for cooling soaring.

By the evening, power cost about $5,000 per megawatt-hour, up from $2,500 earlier in the day, according to state grid operator the Electric Reliability Council of Texas (ERCOT).

On Tuesday, San Angelo in western Texas set a new record high temperature of 114 degrees, topping its prior record of 111 degrees.

And in the Rio Grande Valley, Del Rio hit a new high of 113 degrees. Meanwhile, Dallas and San Antonio also set new records.

Adding to the demand on Texas power supplies and prices is the tropical-level humidity in the state that worsens the heat effect, making it feel like 120 degrees or more...

[Diamond_Dog]

1. What a nightmare it would be

Living in a place with triple digit heat, tropical humidity, and then losing power for days. How do people put up with it?

[Dustlawyer]

3. Very badly!

It sucks so bad it stinks on ice, and we have no ice.

[CurtEastPoint]

2. Another ironic GOP name "Reliability" Council.

[Diamond_Dog]

4. Yeah! I thought the same thing.

[dutch777]

5. Reliability...for profits. What did they think it was about?

The only good thing if you lose power is you don't have to pay the gouging rates

[lark]

6. I feel bad for my middle class TX Dem cousins, but not the rich R cousins.

Rich R cousins deserve this, this is what they voted for again and again. Poor R cousins who also voted for this have my pity as well as disdain. They never had any smarts to begin with. When I was a kid I called them dirt farmers. I got a spanking, but I was right.

[Random Boomer]

8. I wonder how my Texas right-wing evangelical relatives are doing

We're not on speaking terms anymore. I got tired of their attitudes toward my marriage (I'm gay), Hispanics (my mother was Mexican), religion (I'm an atheist) and politics (I'm a liberal Dem).

Texas Republicans have done nothing for this branch of my family. They are poor, live in mobile homes, never got beyond high school. There's no question that they got a raw deal in life, especially compared to me, but there's nothing I can do to fix this, and their own actions just make things worse.

And now, the climate is going to claim them as victims in one way or another: heat, tornado, flood. They'll deny it until they're swept away.

[hunter]

7. Surely more wind turbines and solar panels would fix this...

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There are those who will not understand my

[Think. Again.]

9. I get the sarcasm but...

...yeah, generating more power from ANY source would help keep the cost down, but it WOULD be even better if it came from non-CO2 emitting sources.