Texas power use to break records in heat wave, prices soar – ERCOT

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Texas is currently facing a scorching heat wave, leading to skyrocketing electricity costs and record-breaking temperatures.

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The Electric Reliability Council of Texas (ERCOT) anticipates the highest power demand in history due to the intense summer heat.

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After the disastrous 2021 winter storm, ERCOT has taken measures to ensure sufficient power supply and avoid a similar situation.

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Houston residents should brace themselves for temperatures reaching 101°F, surpassing the typical high for this season.

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ERCOT predicts that Texas' power demand will reach an all-time peak, surpassing the previous record set in 2022

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Memories of the 2021 freeze resurface as ERCOT takes precautions to prevent a grid collapse during the current heat wave.

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The high demand for electricity has caused power prices in Texas to surge to an unprecedented $2,500 per MWh.

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On the U.S. Juneteenth holiday, the day-ahead power prices at ERCOT's North Hub skyrocketed to $37 per MWh, further exacerbating the state's energy challenges.

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Texas power use to break records in heat wave, prices soar – ERCOT 

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