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To reduce strain on the grid, ERCOT will pay big energy users like manufacturers and bitcoin miners to reduce the power they use. That frees up more electrons for others and keeps supply and demand balanced.
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ERCOT said it expected low wind-power generation and high demand to persist through the weekend because of the extreme heat.
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The Texas power grid survived another close call Thursday evening. While record energy demand came dangerously close to the available supply, a need for rolling blackouts did not arise — as San Antonio officials had warned. CPS Energy, the municipally owned utility, thanked San Antonio residents on social media for "doing their part to conserve today."
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ERCOT asked energy customers to reduce their electricity use from 7 to 10 p.m. Sunday, the third conservation request this year and the second in three days as punishing summer heat continues.
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“The economic model was flawed from the very beginning. It hasn’t improved any… during tight periods.”
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The operator of Texas' electric grid says the “voluntary notice” is in effect Thursday from 3-8 p.m.
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The electricity market in Texas is doing exactly what it's designed to do — and most customers probably won't notice any effect on their bill.
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ERCOT issued a voluntary conservation notice Tuesday morning asking for people to reduce their electricity usage from 4 – 8 p.m.
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An ERCOT Weather Watch is an earlier notification – approximately 3-5 days ahead – of forecasted significant weather and high demand.
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ERCOT says that, as a division of state government, it has sovereign immunity. Plaintiffs point out that it is also an independent nonprofit, a fact the grid operator sometimes uses to its advantage.