Texas electricity demand set for summer record

By North American Shale magazine staff | May 15, 2018

The Electric Reliability Council of Texas, the grid operator for most of Texas, is predicting a record-breaking summer. Driven by a strong Texas economy and the recent retirement of older generating units, the state now has a tight operating reserve of electricity supply.

“The ERCOT market has experienced a series of new peak demand records over the last few years as Texas’ economy continues to grow at record pace,” said Bill Magness, ERCOT president and CEO. “We expect high peak demand will continue this summer.”

According to Magness, ERCOT and the generation and transmission owners will be focused on the performance of their assets this summer with demand stronger than ever. Demand for the summer months will be 77,658 MW. A previous report from ERCOT showed demand for summer months was roughly 73,000 MW. Although a new report detailing summer power demands is expected in May, the ERCOT team believes it will have enough supply to meet demand despite the record-breaking numbers expected this summer.