© Reuters. FILE PHOTO: Overhead energy strains are seen throughout record-breaking temperatures in Houston, Texas, U.S., February 17, 2021. REUTERS/Adrees Latif//File Picture/File Picture
(Reuters) – The Texas energy grid handed the primary of what may very well be many exams over the subsequent week by assembly very excessive demand on Monday with out issues as properties and companies cranked up their air conditioners to flee the most recent warmth wave.
The US has been beset by excessive climate occasions this 12 months, together with February’s freeze in Texas that knocked out energy to hundreds of thousands, and report warmth within the Pacific Northwest earlier this summer time.
Excessive temperatures over the subsequent week had been anticipated to achieve the mid 90s Fahrenheit (35 Celsius) in Houston and the low 100s in Austin, Dallas and San Antonio, in line with AccuWeather.
The Electrical Reliability Council of Texas (ERCOT), which operates the grid in many of the state, stated energy use hit a preliminary 72,856 megawatts (MW) on Monday and would attain 72,925 MW on July 30, 73,275 MW on Aug. 1 and 74,160 MW on Aug. 2.
These peaks had been decrease than ERCOT forecast on Monday and would stay beneath July’s 74,244-MW report and the all-time excessive of 74,820 MW in August 2019. One megawatt can energy round 200 properties in the summertime.
Officers at ERCOT weren’t instantly accessible to say if Monday’s peak was the very best this 12 months.
ERCOT has already damaged month-to-month data, together with 70,219 MW in June and 69,692 MW in February when hundreds of thousands of Texans had been left with out energy, water and warmth for days throughout a lethal storm as ERCOT scrambled to forestall an uncontrolled collapse of the grid after an unusually great amount of technology shut.
Regardless of Monday’s excessive demand, real-time costs remained beneath $100 per megawatt hour (MWh).
That compares with a median of $208/MWh on the ERCOT North to this point in 2021 due primarily to cost spikes over $8,000 in the course of the February freeze. The 2020 common was simply $26.
Fusion Media or anybody concerned with Fusion Media won’t settle for any legal responsibility for loss or harm on account of reliance on the knowledge together with knowledge, quotes, charts and purchase/promote indicators contained inside this web site. Please be absolutely knowledgeable concerning the dangers and prices related to buying and selling the monetary markets, it is likely one of the riskiest funding types potential.