Texas power prices soared 100% on Tuesday amid a massive heat wave that broke some records.
On Tuesday, San Angelo in western Texas set a new record high temperature of 114 degrees, topping its prior record of 111 degrees.
Adding to the demand on Texas power supplies and prices is the tropical-level humidity in the state that worsens the heat effect, making it feel like 120 degrees or more.
The heat wave is expected to last longer than a week, meaning the power grid will be under extended strain.
The heat wave is expected to continue toppling records next week, when ERCOT sees demand reaching 82,080 MW on Monday and 83,555 MW on June 28.
Persons:
—, ERCOT
Organizations:
Service, of Texas
Locations:
Texas, San Angelo, Rio Grande, Rio, Dallas, San Antonio