12 min
Hot Fun in the Summertime - Texas, California Summertime Power Prices Moving in Opposite Directions RBN Energy Blogcast
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- Business
Texas and California are opposites in many ways, including their expectations for power prices in the summer ahead. Texas set single-day demand records several times last year and is anticipating more sizzling temperatures — and higher power prices — this year with demand expected to be near available supply. It’s the opposite for California, where the state’s extensive renewable buildout and higher-than-normal hydropower resources are helping keep a lid on power costs. In today’s RBN blog, we’ll examine the factors impacting Texas and California that are causing these polarizing power conditions.
Texas and California are opposites in many ways, including their expectations for power prices in the summer ahead. Texas set single-day demand records several times last year and is anticipating more sizzling temperatures — and higher power prices — this year with demand expected to be near available supply. It’s the opposite for California, where the state’s extensive renewable buildout and higher-than-normal hydropower resources are helping keep a lid on power costs. In today’s RBN blog, we’ll examine the factors impacting Texas and California that are causing these polarizing power conditions.
12 min