Bone-Chilling Cold Tests Power Grids From Texas to Alberta

January 15, 2024

With more cold still in the forecast, electric grids from Texas to Alberta will continue to be under strain and some power prices have surged. Power prices, meanwhile, are surging in some places. The Texas grid will be most strained on Monday and Tuesday mornings, when recent estimates showed demand just matching or exceeding supplies starting around 7 a.m. Read More: Spot Gas Prices Jump Over 400% Ahead of Texas Cold BlastTexans awoke Sunday to freezing temperatures that promises to drive up power demand through at least Tuesday. Ahead of winter, Texas Governor Greg Abbott and Ercot Chief Executive Officer Pablo Vegas said reforms in the aftermath of the 2021 freeze would ensure sufficient electric supply.