AUSTIN, TX, Aug. 10, 2015 — For the first time in this grid operator’s history, hourly demand within the Electric Reliability Council of Texas (ERCOT) system today broke the 69,000 MW threshold, with peak demand for electricity reaching 69,783 megawatts (MW)* between 4 and 5 p.m. and 69,408 MW between 3 and 4 p.m. “The ERCOT system has been performing …
July demand records continue, ERCOT requests conservation during today’s peak
AUSTIN, TX, July 30 — The Electric Reliability Council of Texas (ERCOT), grid operator for most of Texas, is asking electric consumers to limit or reduce electric use where possible during the 3-7 p.m. peak demand hours today. Electric demand this week has reached three consecutive July records, breaking 67,000 megawatts (MW) for the first time since 2011 on Wednesday, …
Quantum eyes 1,800-MW gas plant in ERCOT
Quantum Utility Generation said Thursday that it has partnered with Navasota Energy Services to co-develop three roughly 600-MW peaking facilities in the Electric Reliability Council of Texas, and has agreed to provide financing for the projects. “We see a specific need in ERCOT for the addition of highly efficient natural gas-fired peaking capacity to support the integration of large-scale renewable …
Quantum Utility Generation Acquires ERCOT Development Portfolio from Navasota Energy
May 27, 2015 19:36 ET | Source: Quantum Utility Generation, LLC Houston, TX, May 27, 2015 (GLOBE NEWSWIRE) – Quantum Utility Generation, LLC (“QUG”, or “Quantum”) announced today that one of its affiliates has acquired a development portfolio of natural gas-fired peaker projects from Navasota Energy Services, LLC (“Navasota”). The 1,764 megawatt portfolio currently consists of three advanced-stage development projects …
ERCOT Expects Tight Reserves at Start of Summer
News Release March 05, 2014 More than 2,100 MW of new generation expected on-line by August AUSTIN, TX, MARCH 5, 2014 – The Electric Reliability Council of Texas (ERCOT), grid operator for most of Texas, today released its final Seasonal Assessment of Resource Adequacy (SARA) for this spring and a preliminary outlook for the coming summer. Although tight conditions are …