Page 36 - Ercot News Today : Breaking News, Live Updates & Top Stories | Vimarsana

One piece of Austinites' electric bills will increase 5% this fall.

Texas’ power grid has been under tremendous stress during this summer’s sweltering heat, with the state setting 10 new records for electricity demand. The grid's reliability has been questioned by residents and lawmakers since a deadly winter blackout in 2021 knocked out power to millions of customers for days and resulted in hundreds of deaths. Concerns were renewed this week after Texas’ power grid manager issued an emergency alert due to low reserves and high demand.

(Bloomberg) -- Texas declared its first power emergency since a deadly winter storm two years ago and came close to rolling blackouts as soaring temperatures roasted the second-largest US state. Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackUS Wants Details on Ma

Wednesday evening, ERCOT entered the second level of emergency operations and issued an Energy Emergency Alert 2 (EEA 2) to maintain the reliability of the grid...

The Electric Reliability Council of Texas (ERCOT), which serves more than 26 million customers, had earlier declared an Energy Emergency Alert Level 2 (EEA 2), as operating reserves continued to drop. ERCOT could call for controlled outages if demand is not reduced or additional supply cannot be added from generators. The grid operator had earlier warned of potential power shortages and appealed for energy conservation due to continued high temperatures, increased demand, low wind, and declining solar power generation.