GailA :" Moreover, the order instructed an “incremental amount of restricted capacity” to be sold to ERCOT at “a price no lower than $1,500/MWh,” an increase of over 6,000 percent over February 2020 prices of $18.20.
On Wednesday, the Dallas Business Journal reported, “Electricity on the Texas grid has averaged about $1,137.33 per megawatt hour so far in February,
up from $18.20 per megawatt hour in February 2020, according to data from the Electricity Reliability Council of Texas.
That’s a jump of more than 6,000 percent.”
Daumm ! That's better than winning the Lottery !
"6,000 % increase during an economic and weather crisis ! " .
There hasn't been a new nuclear power plant built since Watts Bar went online in 1996.
Tilted Irish Kilt :" There hasn't been a new nuclear power plant built since Watts Bar went online in 1996."
Most of those older nuclear power plants are having their licenses extended by the Atomic Energy Dept.
on a case-by-case basis, based on safety and frequency of maintenance and repair.