OilPrice.com Power demand in Texas amid the current heatwave reached a new record on Thursday and was set to break that record on Friday.
The Electric Reliability Council of Texas, or ERCOT, reported that conditions on Friday were normal, so far.
But the grid’s capabilities in times of extreme weather have been again called into question as last week, ERCOT asked customers to scale back their energy usage as several power plants in the state shut down, causing prices to soar to more than $4,000 / MWh. ERCOT has maintained that it was merely a proactive request and not an emergency alert.
ERCOT has devoted much time and effort to reassuring the public that the lights will stay on this summer, and that its generation capacity is sufficient to fulfill the lofty demands throughout the summer months under normal conditions and under most extreme weather and grid scenarios…
