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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... READ MORE >

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... READ MORE >

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... READ MORE >

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 ... READ MORE >

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... READ MORE >

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... READ MORE >

One final ERCOT 4CP update for the week (and probably for the month as well). Each day this week, a new Coincident Peak (CP) for the month of August was established! This speaks to the strength of thi... READ MORE >

Update: Last week, we reported that there was significant damage to one of AEP’s 138 kV transmission lines in the wake of Hurricane Hanna. The damage to this transmission line significantly increased ... READ MORE >

The heat is definitely on in Texas this week. Yesterday set a new Coincident Peak (CP) for the month of August at 72,200 MW. It is highly likely that we will break that record this afternoon, as load ... READ MORE >