“While the risk for emergency conditions remains low this summer based on many of the scenarios studied, a combination of factors in real-time, including record demand, high thermal generation outages and low wind/solar output could result in tight grid conditions,” Vice President of Grid Planning and Operations Woody Rickerson said in a press release. “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. We hope this report helps market participants prepare to assist the grid if needed.” According to ERCOT's forecast, the new record for energy consumption will be set this summer with a peak demand of 77,144 megawatts. Based on this forecast, the ERCOT region will have a 15.7% reserve margin this summer season. The current system-wide peak demand record for ERCOT is 74,820 megawatts set on Aug. 12, 2019.