Key ERCOT Update – Long-Term Load Forecasts
Published:
ERCOT recently announced a new Adjusted Load Forecast, which shows a significant increase in load demand for 2030 compared to previous estimates.
Why is this new methodology being applied?
ERCOT is now required to include Transmission Service Providers (TSP) officer-attested letters in its load data forecasts, even for projects not yet confirmed by interconnection agreements. The new forecasts show a substantial increase compared to previous estimates, largely due to data center growth.
What does this mean for you and your energy strategy?
As demand continues to increase, we could see tighter supply conditions. Consider adding demand response to your energy strategy and leveraging our online dashboard to receive real-time alerts when prices cross a predetermined threshold. Conserving electricity can be good for your business – and your bottom line.
Staying informed is key. We will continue to monitor these developments and update you as ERCOT refines its methodologies. If you have any questions or need further insights on how these changes impact your operations, please reach out to our team at business@txu.com.