ERCOT, the state's main grid operator, issued an Energy Emergency Alert 2 Wednesday evening. Although controlled outages were not immediately needed, ERCOT...
customers to conserve energy
; a prolonged heat wave has continued to stress the state’s standalone power grid. The most worrisome hours have been during sunset as solar power energy dips and wind energy has yet to pick up. But Wednesday’s emergency alert goes a step further. Some industrial users likely have already cut off operations due to increased power prices as reserves have plummeted. At 8:20 p.m., ERCOT showed electric prices at above $5,000 per megawatt-hour, more than 200 times higher than they were Wednesday morning.Demand never outpaced supply, according to an ERCOT dashboard, though at about 7:30 p.m., committed capacity was only about 1,000 megawatts higher than demand. That gap started to widen shortly thereafter.
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