Highlights Triple-digit high temperatures forecast Day-ahead trading up sharply Power burn likely above five-year average The Electric Reliability Council of Texas on July 7 forecast record peakloads July 8-12, as a heat wave persists across the Lone Star State, which may coincide with declining wind output, boosting wholesale power prices and fuel demand by the system’s natural gas-fired generation fleet. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now As of the 1:30 pm CT on July 7, ERCOT forecast load to peak at 77.3 GW on July 7, just shy of the record of 77.5 set July 5, but the remaining peakload forecasts through July 12 range from as little as 77.8 GW on July 10 to as much as 81.3 GW on July 11. The National Weather Service has issued heat advisories or excessive heat warnings for most of the eastern two-thirds […]