Texas daily power demand sets record for May consumption [View all]
https://www.reuters.com/business/energy/texas-daily-power-demand-sets-record-may-consumption-2024-05-27/
Texas daily power demand sets record for May consumption
By Reuters
May 26, 2024 10:34 PM EDT Updated 9 hours ago
May 26 (Reuters) - Daily power consumption in Texas set a record for the month of May on Sunday, the state grid operator said, for the fourth time this month, as homes and businesses fire up air conditioners to escape a heat wave.
The Electric Reliability Council of Texas (ERCOT), which operates most of the state's power grid for 27 million customers, said power demand soared to a preliminary 73,756 megawatts (MW) late on Sunday, which would top the former high for the month of May of 73,749 MW set on Saturday.
Analysts expect electricity consumption will top its all-time high this summer amid economic and population growth in Texas and rising demand for power from data centers, artificial intelligence and cryptocurrency mining. The grid's all-time peak was 85,508 MW on Aug. 10, 2023.
On Friday, ERCOT said the system was operating normally with enough supply available to meet expected demand all week.
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