UPDATE 1-Texas power prices jump to record high as heat bakes state

Spot power prices in Texas soared to a record high for Thursday as consumers cranked up their air conditioners to escape another brutal heat wave. The combination of heat and humidity will make it feel more like 108 F in Houston Thursday afternoon and above 110 over the weekend. The Electric Reliability Council of Texas (ERCOT), grid operator for much of the state, called on consumers to conserve energy on Thursday and Friday.

source https://finance.yahoo.com/news/1-texas-power-prices-jump-161351069.html?.tsrc=rss

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