AUSTIN, Texas – Peak electricity demand in sweltering Texas this summer already has surged past levels that were not expected until 2014, exposing a shortage of generating capacity likely to persist for several years, The Wall Street Journal reported Friday.
For the second year in a row, the organization responsible for the stability of Texas’ electrical grid, the Electric Reliability Council of Texas (ERCOT), has grossly underestimated summer demand in its forecasts. Last week, demand was so high across Texas that some large energy users had power disruptions, and Ercot narrowly avoided instituting rolling blackouts.
Ercot’s forecasts are based on an average of the past 10 summers, but the past two years have been unusually hot, pushing up energy use for air conditioning. Electricity demand in July was 12 percent higher than for any prior July.
Read more: http://www.myfoxhouston.com/dpp/news/consumer/110812-texas-power-grid#ixzz1V7Hnq7WU
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.