ERCOT predicts the risk of rolling blackouts in Texas this summer

AI generated summary

The Electric Reliability Council of Texas (ERCOT) has reported a significant decrease in the risk of rolling blackouts this summer, predicting a less than 1% chance of outages during peak heat in August, down from 12% last year. This improvement is largely attributed to the growth of battery storage systems, which have enhanced grid reliability. ERCOT's calculations indicate a 0.48% risk of grid emergencies during extreme conditions, showcasing the effectiveness of energy storage in managing supply after sunset.

Despite the positive outlook, concerns remain regarding potential cuts to federal tax credits that have supported the development of battery storage. The industry warns that such changes could hinder growth and reliability, especially as demand for electricity is expected to rise significantly in the coming years. With Texas leading the nation in battery storage capacity, stakeholders emphasize the need for stable investment signals to ensure a reliable energy future amidst increasing demand and evolving energy needs.