According to economists from India Ratings, there is a disconnect between the headline and underlying consumption data, with a clear K-shaped demand making it unlikely that the current overall trend will continue for long
This summer’s record-breaking demands on the Texas power grid suggest that the system isn’t designed for what could be the new reality of intense, prolonged heatwaves, an expert says.
Oppressive heat, failing natural gas plants and sluggish winds are driving the Texas grid into emergency territory. Available supplies are expected to fall to within 400 megawatts of demand by 8 p.m. Thursday — possibly triggering emergency responses. The state had a close call Wednesday evening, when it hit an electric demand of 82,705 megawatts —…