Texas Hits New Peak Demand Record, Faces 80% Supply Shortfall By 2030

Texas Hits New Peak Demand Record, Faces 80% Supply Shortfall By 2030 By Marlene Wilden of UtilityDive Peak demand in the Electric Reliability Council of Texas territory could reach 120 GW by 2030 – incredible growth of more than 30% above the new, unofficial all-time peak reached on July 22, but notably lower than ERCOT’s own forecasts, according to a market report from Ascend Analytics that was provided to Utility Dive. The firm cites gas turbine shortages, multi-year developm...

By Tyler Durden