Nov. 16 — The power market operated by Electric Reliability Council of Texas (ERCOT) has experienced record demand for electricity based on growth in consumption, the retirement of roughly 4.7 GW of older power plants, and a lack of new power projects.The region’s reserve margin, or the difference between available generation capacity and forecasted peak demand, has steadily declined since 2015.  ERCOT’s spring 2019 report showed the reserve margin at a historic low of only 7.4%.

— The Motley Fool