ERCOT RSS Feed

#Texas Sets Record for Gas Power Burn, Still Barely Enough

Texas Sets Record for Gas Power Burn, Still Barely Enough The Electricity Reliability Council of Texas (ERCOT) on August 10 set a record for electricity demand, topping 69,000 MW twice during the afternoon. The peak came as the Energy Information Administration (EIA) noted that Texas also set a record for gas power burn—natural gas usage … Continue reading #Texas Sets Record for Gas Power Burn, Still Barely Enough

#PUCT Files Draft Rule on Wholesale Market #Oversight

PUCT Files Draft Rule on Wholesale Market Oversight The Texas Public Utility Commission (PUCT) filed a proposal on August 6 that would revise the outdated process currently being used by the Electric Reliability Council of Texas (ERCOT) to “monitor compliance [by market participants] with wholesale market reliability requirements.” One of the main catalysts for the … Continue reading #PUCT Files Draft Rule on Wholesale Market #Oversight

#Panda+Power Funds Expands #Sherman, Texas, Power Facility

Panda Power Funds Expands Sherman, Texas, Power Facility Panda Power Funds plans a 450 megawatt expansion of its existing 758 megawatt combined cycle natural gas power facility in Sherman, Texas. Panda Power Funds is a private equity firm headquartered in Dallas, Texas, that can develop, acquire, construct, finance and operate utility-scale, natural gas-fueled power generation … Continue reading #Panda+Power Funds Expands #Sherman, Texas, Power Facility

ERCOT reserves drop below 2,300 MW, conservation requested

By Dave Byknish Published: August 13, 2015, 3:26 pm Updated: August 13, 2015, 5:33 pm AUSTIN (KXAN) – Another scorcher in the Austin-area is leaving the Electric Reliability Council of Texas in a severe state. ERCOT is experiencing extremely high electricity demand. Operating reserves have dropped below the target threshold of 2,300 megawatts. ERCOT is … Continue reading ERCOT reserves drop below 2,300 MW, conservation requested

Hot weather keeps ERCOT demand strong, power prices soaring

Washington (Platts)–12 Aug 2015 244 pm EDT/1844 GMT The heat wave hovering over Texas is expected to fuel strong demand midweek and was also driving power prices back into triple-digit territory. The Electric Reliability Council of Texas is forecasting peak demand on Wednesday at 68,489 MW. Tuesday’s peak came in at 69,614 MW, just shy … Continue reading Hot weather keeps ERCOT demand strong, power prices soaring