ERCOT no longer in emergency situation - 12:15 pm
Electric demand lower than forecast this morning
February 3, 2011, 12:15 pm -- ERCOT operations has cancelled the emergency procedures that began early Wednesday morning. The peak demand this morning was 55,460 MW (for 9-10 am) which did not surpass the new winter record set Wednesday evening between 7 and 8 pm.
"We are very appreciative of the sacrifices of those who were without power during the rotating outages, and we also appreciate the conservation efforts by consumers during this emergency situation, as well as the load resources in our demand response programs," said ERCOT CEO Trip Doggett. "We also want to thank the media for their assistance in getting information out to the public about the need to conserve."
"I also am very proud of the great work by the ERCOT operators in handling what could have been a disastrous situation for the entire state if they had not taken the quick action necessary to preserve the security of the grid," he said.
"I also want to note the support and assistance we received from the transmission providers and generation owners and the Public Utility Commission," Doggett said.
"With continued cold temperatures and snow predicted across the state, we ask that everyone continue to conserve their electricity usage until temperatures moderate. "
The Electric Reliability Council of Texas (ERCOT) http://www.ercot.com/ manages the flow of electric power to approximately 22 million Texas customers - representing 85 percent of the state's electric load and 75 percent of the Texas land area. As the Independent System Operator for the region, ERCOT schedules power on an electric grid that connects 40,000 miles of transmission lines and more than 550 generation units. ERCOT also manages financial settlement for the competitive wholesale bulk-power market and administers customer switching for 6.5 million Texans in competitive choice areas.
ERCOT is a membership-based 501(c)(4) nonprofit corporation, governed by a board of directors and subject to oversight by the Public Utility Commission of Texas and the Texas Legislature. Its members include consumers, cooperatives, generators, power marketers, retail electric providers, investor-owned electric utilities, transmission and distribution providers and municipally owned electric utilities.