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“While the risk for emergency conditions remains low this summer based on many of the scenarios studied, a combination of factors in real-time, including record demand, high thermal generation outages and low wind/solar output could result in tight grid conditions,” Vice President of Grid Planning and Operations Woody Rickerson said in a press release. “We cannot control the weather or forced generation outages, but we are prepared to deploy the tools that are available to us to maintain a reliable electric system. We hope this report helps market participants prepare to assist the grid if needed.”
According to ERCOT s forecast, the new record for energy consumption will be set this summer with a peak demand of 77,144 megawatts. Based on this forecast, the ERCOT region will have a 15.7% reserve margin this summer season. The current system-wide peak demand record for ERCOT is 74,820 megawatts set on Aug. 12, 2019.
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