With the Texas drought now expected to last at least through next summer, Electric Reliability Council of Texas market players and watchers say rising power prices illustrate growing concerns about its impact on supply.
The US Drought Monitor shows 91% of Texas in the two worst categories of drought.
State climatologist John Nielsen-Gammon, speaking to state senators in Austin last week, called the situation “the most intense, one-year drought in Texas history” before offering an even more sobering thought.
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Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.