ERCOT: Growth in Texas Energy Demand Slows

Texas' rapid growth will put less strain on its electric grid than previously thought, the state’s grid operator said Friday.

In its much-anticipated 10-year outlook, the Electric Reliability Council of Texas said peak power demand — which typically corresponds to hot summer days — is growing more slowly than previous forecasts showed, alleviating concerns that rolling blackouts are right around the corner. 

The report comes as state regulators are backing off controversial plans to overhaul the state’s energy market in hopes of improving reliability. At issue in that debate, which pits electric generators and against industrial energy users and ...

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