Sun, Aug 16

NEWS: ERCOT made a modeling mistake—and bought an average of 3.7 GW less in reserves.

  • Whoops: For seven months, the grid operator has run on trimmer-than-intended reserves. Why? Nobody double-checked the planning model, The Dallas Morning News reported. Despite the oversight, the grid kept on chugging as it hit demand records twice in one week: In late July, ERCOT recorded 87.4 GW and 91.3 GW in demand amid searing temps.

  • What now? There’s no need to fix the shortage this year, officials said, but in 2027 ERCOT plans to require customers to pay for extra backup power.

  • While we’re here: NextEra has secured $3.3B from the Department of Commerce and the Japanese government for up to 10 GW of natural gas plants in TX and PA. This announcement fits into a broader US-Japan trade deal that also includes up to 10 new nuclear reactors.

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