Next summer’s peak demand in Texas is forecasted to grow by about 3% compared to the summers of 2019 and 2020. The good news is that new generation is being added at a faster rate, which will create a...
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The weather has been unusually warm this month, which has drastically pushed down natural gas prices. This stretch of higher temperatures in Texas and across the US has taken a lot of energy out of bo...
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Yesterday, November 5th, ERCOT released its Seasonal Assessment of Resource Adequacy (SARA) for the upcoming winter season. In summary, the grid operator expects to have plenty of power plant capacity...
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Since early 2018, the forward power market in Texas has been in various states of backwardation (prices for a commodity get less expensive into the future). This backwardation made longer retail elect...
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Over the last few months, we have described Texas' increased reliance on wind generation to help meet peak demand requirements for electricity. Over the summer, the rolling black-outs in California we...
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Join us for the energy market insights you need to know for your business. 5's Lead Energy Analyst, Eric Bratcher, provides a detailed look into each energy market during three regional webinars. Regi...
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Temperatures and humidity remain elevated all across Texas, which will increase electricity demand into the late afternoon. The peak demand forecast today is 70,397 MWs, which is expected to occur at ...
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The last 30 days have shown how the stability of the power grid in Texas is influenced by the wind. In late July, Hurricane Hanna came onshore near Kenedy County as a Category 1 storm with maximum sus...
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It is late August, which means hurricane season is in full swing and our team is closely monitoring the weather in the Gulf of Mexico this week. Hurricane Marco dissipated Monday night as strong upper...
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