The Electric Reliability Council of Texas (ERCOT) has predicted peak demand this summer will break previous records due in part by a booming economy.
Additionally, reserves will tighten due to the recent retirement of older generating units.
Total resource capacity for the upcoming summer is expected to be 77,658 MW. The preliminary summer SARA report includes a 72,974 MW summer peak load forecast based on normal weather conditions for 2002-2016.
This forecast is higher than the all-time summer peak demand record of 71,110 MW set on Aug. 11, 2016. Almost 3,800 MW in new generation resources began operating in 2017, and more than 14,000 MW of resources are planned to be in service by 2020.
Recent Comments