• 4 minutes Energy Armageddon
  • 6 minutes "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 12 minutes "Europe’s Energy Crisis Has Ended Its Era Of Abundance" by Irina Slav
  • 23 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 days Is Europe heading for winter of discontent with extensive gas shortages?
  • 19 hours Wind droughts
  • 4 days "Natural Gas Price Fundamental Daily Forecast – Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas
  • 2 days Kazakhstan Is Defying Russia and Has the Support of China. China is Using Russia's Weakness to Expand Its Own Influence.
  • 2 days Oil Prices Fall After Fed Raises Rates
  • 12 days How Far Have We Really Gotten With Alternative Energy
  • 4 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 10 days "Russian oil executive and Putin critic Ravil Maganov dead after mysterious six-story fall" - The New York Post
  • 2 days 87,000 new IRS agents, higher taxes, and a massive green energy slush fund... "Here Are The Winners And Losers In The 'Inflation Reduction Act'"-ZeroHedge
  • 7 days Beware the Left's 'Degrowth' Movement (i.e. why Covid-19 is Good)
  • 10 days The Federal Reserve and Money...Aspects which are not widely known
Irina Slav

Irina Slav

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.

More Info

Premium Content

Heat Wave Pushes Texas Power Demand To Record-High

Unusually high temperatures caused a surge in power consumption in Texas yesterday and could continue driving record consumption today as well, as weather forecasts point to even higher temperatures than the 100 degrees recorded on Monday.

Reuters reports, citing the state’s main grid operator, the Electric Reliability Council of Texas, as saying demand for electricity had reached 74,531 MW in the afternoon on Monday and could today rise further, hitting 75,000 MW. The previous record was recorded in July last year, at 73,473 MW.

As Reuters notes, 1 MW of power is enough to power 1,000 households--but at peak demand, this falls to 200 households.

The good news is that ERCOT has the capacity to meet this record demand even if it tops 75,000 MW: the grid operator has 78,000 MW in capacity. However, reserves are not abundant and ERCOT said it might have to resort to issuing energy conservation alerts if the heat wave continued.

The reserve margin of the grid operator is just 7.4 percent, which was a historical low because of the retirement of several generators in spite of rising demand. The retirement was prompted by the advent of natural gas that has replaced coal in many power plants across the states. In Texas, natural gas-fired plants account for almost 50 percent of power output.

Texas is just one of several states grappling with the heat wave. The AP reported today parts of 13 states in the South and Midwest were under heat advisories, with the temperature reaching 120 degrees in one town in Mississippi.

Last month, the Houston Chronicle’s Bernard L. Weinstein questioned ERCOT’s ability to keep the air conditioners running in August in light of the fact that a third of the state’s power comes from wind farms. Weinstein also noted the small reserve margin, noting “Should several large power plants go offline for maintenance or a broken gas line, we will likely see brownouts or blackouts.”

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:


Download The Free Oilprice App Today

Back to homepage





Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News