ERCOT points to higher oil and gas power demand, cancelled generation projects

Higher-than-expected demand for electricity coupled with cancellations of planned power generation projects will leave less room for error in the coming summer, according to the manager of the state’s power grid.
The Electric Reliability Council of Texas is forecasting next summer’s reserve margin for electricity, an important measure of the cushion between expected supply and demand, will be 8.1 percent, 2.9 percent lower than ERCOT predicted back in May.
Texas went into summer 2018 with an 11 percent reserve margin, enough for Texas to meet anticipated demand, according to ERCOT, which issued its summer 2018 forecast in April. But the latest forecast is expecting tighter electricity supplies statewide next summer…
Read full article.
This article was originally written by L.M. Sixel and published on

Your Opinion Matters

Have Something To Say About This Story?

Energy Pages is an online trade publication and business directory for the retail energy industry. We publish editorials, resources, case studies, practical information and industry news. Our content is about and for industry leaders, innovators, investors and influencers.

Sign Up for the Energy Pages Digest

Our weekly must-see brief

You May Also Like

Future U.S. Electricity Generation Mix Will Depend Largely on Natural Gas Prices

In 2018, natural gas accounted for 34% of total electricity generation, and EIA projects its share to grow to 40% by 2032

Raiders Approved to Leave NV Energy Without Major Impact Fee

Like other departing customers, the team will still be a transmission customer of NV Energy