Texas sets another electricity-usage record for July, sixth this week

By: Jeff Mosier |

Texas’ electric grid operator planned for a challenging summer. Now, it’s here with electricity-usage records falling daily since Monday.

The Electric Reliability Council of Texas set a sixth electricity-usage record in the last four days. Between 4 and 5 p.m. Thursday, Texas averaged 73,259 megawatts. That topped the amount of electricity used an hour […]

2018-07-20T13:28:50-05:00July 20th, 2018|Texas Market|

Texas sets new records for July electricity usage, and summer is only getting started

By: Jeff Mosier |

Texas electric grid operator planned for a challenging summer. Now, it’s here with back-to-back electricity usage records.

Electric Reliability Council of Texas announced yesterday that usage averaged 70,963 megawatt between 4 and 5 p.m. That was the most ever for a single hour in July. The previous record? Just the day before that, […]

2018-07-18T16:16:10-05:00July 18th, 2018|Texas Market|

Texas approaching electricity use record

By: Rye Druzin |

Texas’ power use approached a record Monday afternoon as the mercury soared into the high 90s and triple digits across most of the state.

Power use is around 70,600 megawatts, just a few hundreds megawatts below the 71,110 megawatt record set in August 2016, according to data from the Electric […]

2018-07-17T13:04:20-05:00July 17th, 2018|Texas Market|

New York Approves New Electricity Rates for Crypto Miners

By: Samuel Haig |

New York is seeking to foster growth in its cryptocurrency mining sector, with the New York State Public Service Commission (PSC) approving new electricity rates for Massena Electric Department. The new provisions will facilitate “high-density load customers, as such cryptocurrency companies” accessing “individual services agreement tariff[s],” including “protect[ion] […] […]

2018-07-17T13:01:21-05:00July 17th, 2018|New York Market|

ERCOT sets a new July peak demand record

By: Reagan Roy |

ERCOT manages the flow of electric power to 24,000,000 Texas customers, representing about 90 percent of the state’s electric load.

As the independent system operator for the region, ERCOT schedules power on an electric grid that connects more than 46,500 miles of transmission lines and 570+ generation units.

It also performs financial settlement […]

2018-07-09T09:39:41-05:00July 9th, 2018|Texas Market|