March 1 — The tight supply and higher prices during this summer’s peak demand will likely prompt voluntary load reductions and an increase in power sold in the market by industrial facilities. ERCOT said its wholesale market is currently designed to withstand such peaks, providing strong financial incentives for generators to be available when demand rises. The operator also adequately prepares retail electric providers to prepare for price fluctuations.
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.