Energy consumption in June struck a level nearly 1 percent higher than consumption recorded during June last year ________________________________________________ Electricity consumption and renewable energy are up this summer — those are two take-away findings from a...
New ERCOT Reports Predict New Summer Peak, but Improving Reserves. ________________________________________________ Hotter temperatures and more power use — but also an uptick in projected generation reserves — that’s the latest summer forecast from ERCOT, the...
ERCOT technicians and market participants already have begun taking steps to ensure the grid continues functioning reliably. ____________ Another broken record for electricity use — that’s what the organization that manages the state’s primary power grid...
“Solar is the big story here.” — Bill Magness, ERCOT Chief Operating Officer ________________ Solar power and plenty of it — that’s what’s in store for Texas in the not-too-distant future, according to a top official with the state’s primary power grid. “Solar...
________________ “We studied a range of potential risks and believe there will be sufficient operating reserves.” — Manager of Resource Adequacy Pete Warnken. ________________ Enough power to keep the lights on — according to operators of the...
More typically, real-time prices remain below $30 and only on two other occasions in grid history have they reached the $9,000 cap. Real-time energy prices in ERCOT surged to the $9,000-megawatt-hour cap on Tuesday, the result of triple-digit temperatures...
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