Texas could see energy demand double by 2031

Katharine Finnerty | Source: Spectrum News | Posted 04/15/2025

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AUSTIN, Texas — A new report from Texas’ power grid operator projects the Lone Star State will see energy demand more than double over the next five years.

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A recent report from the Electric Reliability Council of Texas (ERCOT) indicates that the state's energy demand could more than double by 2031, with a projected peak demand of 218 gigawatts. This is a significant increase from the current record of 85.5 gigawatts set in August 2023. ERCOT also provided a lower forecast, estimating a peak demand of 145 gigawatts, which accounts for a slowdown in growth from large load projects such as data centers and crypto mines, which are driving much of the demand increase.

The report highlights the need for improvements in Texas's power grid, especially after the 2021 winter storm that caused widespread outages. Legislative efforts, including Senate Bill 6, aim to enhance grid reliability and address the rising demand from large energy consumers. Texas leaders, including Lt. Gov. Dan Patrick and Gov. Greg Abbott, emphasize the importance of ensuring a reliable and affordable power supply to support the state's growing economy and population, while also noting the state's advancements in renewable energy sources.

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Source Link: https://spectrumlocalnews.com/tx/south-texas-el-paso/news/2025/04/14/texas-energy-demand-2031

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Texas could see energy demand double by 2031

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