ERCOT: Record-Setting Summer

September 11, 2023

 

If you’re located in ERCOT, you can feel the extremes as record high temperatures and dangerous heat index levels have been the norm. You may be able to see it in your bills as cooling demand follows suit.

You can also see it in the charts, as this around-the-clock wholesale electricity price chart shows for the calendar year  (Source: The Schork Report). Indeed, 2023 is a year like no other when compared to 2024 – 2027. This past weekend, Houston and Dallas both marked more than 45 consecutive days above 100 degrees.