Texas Grid Faces Another Test With Power Experts Assessing Near Miss

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Texas Grid Faces Another Test With Power Experts Assessing Near Miss
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Texas is bracing for another night of tight power supplies as an unprecedented heatwave stokes demand for electricity to run air conditioners across the second-largest US state.

Electricity supplies are seen falling short of demand between 7:15 pm and 8:30 pm local time, according to five-minute forecasts compiled by Nrgstream, a data provider.

Power for delivery during Thursday’s tightest period already is commanding more than $2,700 a megawatt-hour, 100 times the typical price for this time of year. The Electric Reliability Council of Texas that oversees the grid blamed the emergency on “high demand, lower wind generation, and the declining solar generation during sunset.”

Ercot didn’t immediately respond to a request for comment on Thursday. Separately, the grid manager issued a formal warning for power-supply shortfalls starting around 6 pm Thursday.

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BNNBloomberg /  🏆 83. in CA

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