Wall Street

Texas power use to hit record high on economic growth, hot weather

Published by

By Scott DiSavino (Reuters) – Power demand in Texas is set to break the all-time record this week, far ahead of the hottest days of summer, testing of the resilience of the state’s power grid after issues earlier this year and last year’s days-long blackout during a deep freeze. The Electric Reliability Council of Texas (ERCOT), which operates the grid for most of the state, expects power demand to surge to an all-time record by Tuesday – surpassing levels reached in August of 2019. Usage is expected to reach 75,195 megawatts (MW) on June 7 due to anticipated high heat that exceeds typical lev…

Read More

Share this Story
Load More Related Articles
Load More In Wall Street