OG & E email 2/14/21 @ 18:53

[chadh2o]

$9.00 per kilowatt hour! SOB, my OGE panels says $.047 kw/hr at the moment.

Snip...

Wholesale power for delivery Sunday was trading at anywhere from $3,000 to $7,000 a megawatt-hour in some places, triple the records set in some places Saturday and a staggering 2,672% increase from Friday at Texas’s West hub. Average spot power prices were just shy of $1,000 per megawatt hour during peak hours Sunday morning, according to data compiled by Bloomberg.

As one Houston energy trader so eloquently explained, Texas electricity customers are about to get "lubelessly pounded" as prices explode:

Scary as **** surge...

Sunday day ahead cleared 4765 for the peak and 2297 for the offpeak. HANDS DOWN BY FAR HIGHEST CLEAR ON RECORD.

And yep, all those folks on griddy were paying 9$ per KWh earlier today and continue to get lubelessly pounded

“Spot prices are expected to hit $9,000 on both Monday and Tuesday,” said Brian Lavertu, a trader for Active Power Investments.

https://www.zerohedge.com/energy/en...tating-outages-cold-weather-tests-limits-grid

 

[Oklahomabassin]

Can you imagine when the greenies plan for only solar and wind energy comes about.

 

[SlugSlinger]

Can you imagine when the greenies plan for only solar and wind energy comes about.

People are going to die and that is not a joke. And thats probably the intention.

 

[Powerman620]

With this cold and high loads, breakers and fuses start tripping . Where a normal line (primary) might be running 50 amps may go way above and trip. This is very abnormal and shedding load helps tremendously, just lowering thermostat down to 68 and not running dryers, stoves etc until off hours helps. Each and everyone is a drop in bucket but lots of drops equal a buck full.

 

[Shadowrider]

$9.00 per kilowatt hour! SOB, my OGE panels says $.047 kw/hr at the moment.

Snip...

Wholesale power for delivery Sunday was trading at anywhere from $3,000 to $7,000 a megawatt-hour in some places, triple the records set in some places Saturday and a staggering 2,672% increase from Friday at Texas’s West hub. Average spot power prices were just shy of $1,000 per megawatt hour during peak hours Sunday morning, according to data compiled by Bloomberg.

As one Houston energy trader so eloquently explained, Texas electricity customers are about to get "lubelessly pounded" as prices explode:

Scary as **** surge...

Sunday day ahead cleared 4765 for the peak and 2297 for the offpeak. HANDS DOWN BY FAR HIGHEST CLEAR ON RECORD.

And yep, all those folks on griddy were paying 9$ per KWh earlier today and continue to get lubelessly pounded

“Spot prices are expected to hit $9,000 on both Monday and Tuesday,” said Brian Lavertu, a trader for Active Power Investments.

https://www.zerohedge.com/energy/en...tating-outages-cold-weather-tests-limits-grid

Wait a minute, just back up the truck a bit.

As I recall there are windmills ALL THE HELL OVER western OK and TX. The wind is blowing like hell. What's the problem?!!!

 

[SlugSlinger]

These were probably in the $2.50 range a week ago.

I’m afraid to see what they will be tomorrow.

 

[kirk1978]

We were being asked at work Friday to find ways to cut gas usage...

 

[Shadowrider]

These were probably in the $2.50 range a week ago.

View attachment 193455

I’m afraid to see what they will be tomorrow.

And next week they'll be right back at $2.50 too.

 

[SlugSlinger]

And next week they'll be right back at $2.50 too.

Yep, but this weekend and next couple of day will probably be the highest prices in history.

 

[Bush Dog]

Anyone else besides me have a problem with getting “lubelessly pounded.”