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The electricity shortage in Texas amid the cold snap has sent spot electricity prices soaring so much that the surge in power prices equals a cost of $900 for charging a Tesla. The typical full charge of a Tesla costs around $18 using a Level 1 or Level 2 charger at home, according to estimates from The Drive. This estimate is based on an average price of $0.14 per kWh of power.

However, the extreme winter weather this week has sent Texas spot electricity prices soaring, as the wind turbines froze in the ice storms and reduced the wind power generating capacity in the Lone Star State by half.

Spot electricity prices at the West hub have soared above the grid’s $9,000 per megawatt-hour cap, compared to a ‘normal’ price of $25 per megawatt-hour, FOX Business notes. https://www.zerohedge.com/technology/texas-freeze-raises-cost-charging-tesla-900

The electricity shortage in Texas amid the cold snap has sent spot electricity prices soaring so much that the surge in power prices equals a cost of $900 for charging a Tesla. The typical full charge of a Tesla costs around $18 using a Level 1 or Level 2 charger at home, according to estimates from The Drive. This estimate is based on an average price of $0.14 per kWh of power. However, the extreme winter weather this week has sent Texas spot electricity prices soaring, as the wind turbines froze in the ice storms and reduced the wind power generating capacity in the Lone Star State by half. Spot electricity prices at the West hub have soared above the grid’s $9,000 per megawatt-hour cap, compared to a ‘normal’ price of $25 per megawatt-hour, FOX Business notes. https://www.zerohedge.com/technology/texas-freeze-raises-cost-charging-tesla-900

(post is archived)

[–] • 2 pts

eLeCtRiC cArS aRe MuCh ChEaPeR tO oPeRaTe!

[–] • 3 pts

California fires - can't charge. Preventative power outages - can't charge. Texas cold - can't charge. Really, that is 21st century technology?

[–] • 2 pts

Nobody is charging electric cars with electricity purchased on the spot market. That's not how the grid works.

[–] • 1 pt

I know. The article is clickbait. Funny, but clickbait.

[–] • 0 pt

Where do you think electricity comes from? Without coal you're fucked

[–] • 0 pt

A better question would be where do you think it comes from? Because apparently you think it comes from the spot market, and again, that's not how the grid works.

[–] • 2 pts

What a clickbaity way to write that. Just say that the marginal value of electricity went up 36x or something.

When no one can drive, more than just wind power is going to go down. I would say that Texas has some cold weather preparedness "problems". The marginal value of preparing is in proportion to how often it gets that cold. Replacing every road in Texas with a surface more suited to the cold doesn't seem to make much sense. Probably better just to manage until it warms up.

[–] • 1 pt

I would say that Texas has some cold weather preparedness "problems".

Buh-buh-but did the angry fetal-alchohol-syndrome-having autistic swedish dropout potato teach you nothing about global warming, you absolute howdareyou? Why would you choose to believe your own observations when you could much more easily learn be told everything you need to know by twatter and faceberg?

[–] • 1 pt

I already posted this somewhere, but I'm just surprised they haven't blamed the ice storm on global warming yet.

[–] • 1 pt (edited )

This is a great argument for a gas/diesel powered generator. Not for electric cars specifically, but for being able to have emergency power.

If I owned a Tesla, I'd charge it with a diesel generator in this situation.

[–] • 1 pt

In the last two days driving in central Texas ice and snow covered roads there wasn't a single tesla in sight. All 4wd trucks.

Therefore no charging necessary. Tesla owners are nestled in their homes in their pink pajamas grinding their boyfriends black dicks.....

[–] • 1 pt (edited )

$7 / kwH

ahahahahahahahahahahaahahahahahahahahahahahahahahahahahaha

And it is all coming from what little can be portioned off of the still viable ebil fossil fuel plants.

e:

$9,000 / kwH

This is making me happy.

ee:

Though it is actually quite frightening to realize that's going to be most of us (you, my state understands cold) which will then harm me.

[–] • 1 pt

https://archive.is/tq3j1

According to a Texas official, the entire Texas grid was minutes from failing. ERCOT's CEO Bill Magness said the company's controlled outages, which down power to millions of customers, had in fact averted the system's total collapse.

"I think from the perspective of the grid collapsing, I think what has happened here is a response that kept the grid from collapsing, that kept us from going into a blackout condition," he said. "Now the difficulties that this has imposed on the citizens of Texas, everybody in the state, have been enormous."

[–] • 0 pt

I never heard of spot electric prices. I thought the electric price stayed the same throughout the year.

[–] [deleted] • 0 pt

Spot electricity prices in Texas’ West hub spiked above the grid’s $9,000 per megawatt-hour cap. Power typically costs $25 per megawatt-hour.

caled mom who is north of houston. her electricity is fine