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Power demand, prices soar with temperatures

Aug 15, 2019 | News

by L.M. (Wooty) Sixel, August 13, 2019 The heat wave blanketing Texas drove wholesale power prices to record levels Tuesday as triple-digit temperatures strained electricity supplies, spurred calls for energy conservation and drew the Texas power grid perilously close...

Power Blows Past $9,000 Cap in Texas as Heat Triggers Emergency

Aug 15, 2019 | News

by Chris Martin and Naureen S Malik, August 13, 2019 Electricity prices briefly surged past a $9,000 a megawatt-hour price cap in Texas as extreme heat sent power demand skyrocketing and forced the state’s grid operator to declare an emergency. As temperatures in...