Sometimes, a greener grid means a 40,000% spike in power prices #AUS #DEU #TX #GBR

By National Wind Watch The road to a world powered by renewable energy is littered with unintended consequences. Like a 40,000% surge in electricity prices. Texas power prices jumped from less than $15 to as much as $9,000 a megawatt-hour this month as coal plant retirements and weak winds left the region on the brink of blackouts during a heat wave. It’s a phenomenon playing out worldwide. Germany averted three blackouts of its own in June and has seen prices both spike and plunge . . .

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