ERCOT Summer Preparations
The Electric Reliability Council of Texas (ERCOT) is responsible for approximately 90% of the state's electric load which serves more than 26 million Texans. As the summer season approaches, ERCOT has been preparing for the forecasted demand. According to ERCOT's Vice President of Grid Planning and Operations Woody Rickerson, "we cannot control the weather or forced generation outages, but we are prepared to deploy the tools that are available to us to maintain a reliable electric system." On May 7, 2021, ERCOT released its final Seasonal Assessment of Resource Adequacy (SARA) for the summer season (June to September), its preliminary assessment for the fall season (October to November), and the May Capacity Demand, and Reserves (MCDR) Report. The preliminary fall SARA report suggests there will be sufficient generation to meet demand under normal conditions. However, scenarios involving maintenance outages, extreme weather, and so on may lead to tight grid conditions. This document has more information concerning reliability in the upcoming months. Lastly, as part of their efforts to ensure electric reliability for their consumers, ERCOT has plans to visit selected power plants across Texas to examine summer weatherization plans between May 17, 2021 and June 30, 2021. Adapt2 Solutions is happy to provide its customers with insightful market information. Please visit https://www.adapt2solutions.com/ for more.