Heat Wave Pushes ERCOT To The Brink

It's extremely hot in Texas this afternoon. As of 1630 local time Monday, the Electric Reliability Council of Texas, the state's grid manager, reported electricity demand hit a record high of 80,200 megawatts as millions of people cranked up their air conditioners to escape triple-digit temperatures.  The previous record for demand was 80,148 megawatts last July. "That marked the 11th time last summer electricity demand broke the all-time record, and was the first time Texas had exceeded 80,000 megawatts," the Houston Chronicle said. …