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Texas power prices soared 20,000% Wednesday evening amid another brutal heat wave.
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Spot electricity prices topped $5,000 per megawatt-hour, up more than 200 times from Wednesday morning.
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The state’s grid operator issued its second-highest energy emergency, then later said conditions returned to normal.
Texas has more renewable energy production than you do. In Q1 of 2022 Washington State generated 25 Million Megawatt hours of renewal energy and Texas generated 34.
In fact Texas generates more renewable energy than anyone else. So much more that, excluding Washington, you’d need to combine at least three other states to surpass them.
Texas is also the second biggest state and 3 times larger by land mass than Washington state.