The Electric Reliability Council of Texas (ERCOT) released its final prediction for this summer’s electricity outlook. The grid manager expects this summer to bring record-breaking energy demand due to hot and dry weather conditions. ERCOT also cited population growth in Texas as another contributing factor for increased energy demand.
ERCOT announced it is taking new steps to ensure the grid is prepared for increased demand. In its official summer outlook, the grid manager stated, “ERCOT is identifying low-probability, high-impact situations similar to the February winter event in its seasonal assessments, to ensure all market participants and government officials have a comprehensive view into market conditions. This will allow the market to more fully plan and prepare for even the most remote possibility.”
ERCOT officials will also be visiting power plants across Texas to assess their summer weatherization plans. These assessments are commonplace during winter months, but this is the first time officials will visit power plants during the summer.