Texas Faces Another Power Crisis Amid Heat Wave

The Electric Reliability Council of Texas (ERCOT) has asked Texans to reduce power consumption through Friday of this week, according to an ERCOT press release issued on Monday. ERCOT cited potential record power consumption for June and forced generation outages as the reason for the request. Today’s peak load forecast is 73,000MW, compared to the highest ever peak demand in the month of June of 69,123MW. In Texas, generator owners have reported 11,000 MW of generation currently on forced outages due to repairs, ERCOT said, adding that typical…