The Texas power grid is breaking the record again while the heat wave lasts

The Texas power grid broke another record this week as homes and businesses keep their ACs on to deal with the scorching heat wave across Lone Star State.

On Monday, the peak demand for electricity in Texas was more than 76,600 megawatts, breaking last week’s record of more than 75,000 megawatts.

The portable towers were seen at the CenterPoint Energy power plant on June 9, 2022 in Houston, Texas. (Brandon Bell / Getty Images / Getty Images)

The Texas Electricity Reliability Council (ERCOT), which manages Texas’ electricity grid for more than 26 million customers – or about 90% of the state’s electricity load – says it still has enough backup capacity to meet growing demand. He had enough reserve strength to cope with record demand just over a week ago.

Records are likely to continue breaking this week, and AccuVeather predicts temperatures will reach 100 degrees this week.

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Demand is also likely to rise amid overall economic and population growth in Texas. ERCOT predicts that the new wind and solar power plants added last year will increase resources this summer to more than 91,300 megawatts. Texas produces more natural gas than any other state, according to the EIA, and also responded to the historic 2021 freeze by adding natural gas and renewable energy production capacity.

Electricity prices at ERCOT North Hub – which includes Dallas – fell to a two-week low of $ 81 per megawatt hour on Tuesday – from $ 100 on Friday, Reuters reported.

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One megawatt can power about 1,000 American homes on a “typical day.” But that number drops to about 200 on hot summer days in Texas.

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