ERCOT's "New Era" of Growth Needs Clean Energy

DOUG LEWIN | Source: Doug Lewin Substack | Posted 04/25/2024

Texas will need an all-of-the-above approach, including renewables, storage, transmission, and demand-side resources to meet high projected demand growth

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ERCOT released a projection stating that Texas might see a massive surge in demand, with 62 gigawatts expected to be added to the grid by 2030, a significant increase from the current record of 85.5 gigawatts set over a century. To meet this demand without overburdening consumers, a shift towards renewable energy sources, battery storage, transmission improvements, and distributed resources like energy efficiency and demand flexibility is necessary.

While gas generation capacity remains limited in comparison to the projected demand, there are substantial plans for solar power and battery storage in the pipeline. Texas' competitive energy market has made it appealing to large consumers and attracted significant investment in diverse energy resources to address the anticipated growth, underscoring the need for balance between meeting demand and lowering costs for consumers through innovative solutions like demand-side management and energy efficiency.

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ERCOT's "New Era" of Growth Needs Clean Energy

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