The WFAA report stated that since Wednesday morning, grid operators have been closely monitoring the supply and demand of the state’s grid.
If you are like me, you would think “What the hell is this?” The weather here has been very good recently. So, how could they encounter the problem of excessive grid pressure?
The problem is that in the warmer autumn and spring, ERCOT will take plants off the grid for maintenance, which leads to a decrease in supply.
Although the weather was very good, it was warmer than usual, so demand was slightly higher than expected, which led to a drop in yesterday’s closing price.
Yesterday, it was predicted that the energy demand in Texas will exceed the supply. However, ERCOT believes that there is no need to issue public protection alerts.
Understandably, when we heard that ERCOT had supply problems after a fatal power outage during the brutal winter storm we had to endure in February last year, many Texans would feel nervous, which is understandable.
However, the grid operator submitted a “road map to improve grid reliability” to Governor Greg Abbott in July. PUC Chairman and ERCOT board member Peter Lake stated that they are actively moving to a more reliable grid:
ERCOT’s roadmap clearly focuses on protecting customers while ensuring that Texas maintains free market incentives to bring a new generation to the state. Texans deserve a more reliable power grid, and we are actively working to make it a reality.
Post time: Oct-27-2021
