When Summer Arrives, Texas’ Electricity Reserve Margins Will Be Tight

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 www.mrt.com

About Author

Energy PagesEnergy Pages

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.