Emergency Alert status from 7:30 pm to 9 pm Sept. 6 and asked Texans to curtail power demand from 5 pm to 9 pm Sept. 7 amid a persistent heat wave. Power markets responded with triple and quadruple-digit pricing.
Tight conditions cause energy emergency for Texas grid; prices top $5,000/MWh
Sep 7, 2023 | News
TCPA is a non-profit trade association representing power generators, wholesale power marketers, and retail providers with investments in Texas and the ERCOT wholesale and retail electric markets. TCPA members own more than 54,000 megawatts of generation capacity and 82% of all natural gas generating capacity in the ERCOT/Texas market. That’s approximately half of all the installed generation capacity and 2/3 of the non-wind capacity in ERCOT. They represent billions of dollars of investment in the state, and they employ thousands of Texans.