A Critical Window to Address Rising ERCOT Demand

ERCOT’s risk of blackouts comes down to two basic factors: supply and demand. 

On the former, markets and policies are making progress — investors are developing solar power and dispatchable energy storage in ERCOT at a record rate. Texas is expected to get another six gigawatts of battery storage in 2024 alone. Solar is being deployed even faster, with seven gigawatts expected this year, padding the state’s resources when use peaks during summer afternoons. And there are currently over 15 gigawatts of natural gas in the ERCOT interconnection queue.

But skyrocketing demand could overwhelm all of that new supply, and then some…