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ERCOT Provides New Extended Forecast of Grid Conditions
(Austin, TX) – As part of continued efforts to increase transparency into grid operations, ERCOT today announced a new 6-Day Forecast on the Supply and Demand dashboard that will provide Texans with an extended view of upcoming grid conditions.
“Like an extended weather forecast, the new 6-Day Forecast dashboard provides an indication of future conditions on the grid for 6 days beyond the current operating day,” says Dan Woodfin, ERCOT Vice President of System Operations. “While the Supply and Demand forecasts may change, as weather forecasts do, the dashboard provides a general “heads-up” on the Supply/Demand trends based on currently known information.”
The Supply and Demand dashboard displays ERCOT system’s current power supply (capacity) and demand using Real-Time data, as well as projected power supply (capacity) and demand from hourly forecasts and other best-available sources.
The 6-Day Forecast Supply and Demand dashboard is accessible from the Grid and Market Conditions page at www.ercot.com
ERCOT, the Electric Reliability Council of Texas, manages the flow of electric power to more than 26 million Texas customers, representing about 90 percent of the state’s electric load. As the Independent System Operator for the region, ERCOT schedules power on an electric grid that connects 52,700+ miles of transmission lines and 1,100+ generation units, including Private Use Networks. ERCOT also performs financial settlement for the competitive wholesale bulk-power market and administers retail switching for more than 8 million premises 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.