On Wednesday evening, spot electricity prices topped $5,000 per megawatt-hour, up more than 200 times from Wednesday morning.

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.

  • Thorny_Thicket@sopuli.xyzEnglish
    1·
    1 year ago

    There has been some quite dramatic variation in electricity prices in Finland aswell. Here’s a good example from last month; on wednesday it’s free, and the next monday it peaks at 68c/kWh. The explanation for this, to my understanding, is the simple fact that supply doesn’t match demand.