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New Efficiencies Could Help Power Markets

Fuel Fix reports that “new measures to reduce electricity use could curb growth in Texas’ peak power demand by 40 percent to 50 percent over the next two decades, reducing the need to build new generating capacity and lowering prices for ratepayers, a new report shows.”  

“Texas’ power market could restrain peak-demand by 5,000 to 7,000 megawatts through 2032 by exploiting new energy efficiency and through demand-response programs that rein in power use when demand is highest, the consulting firm Brattle Group said in a report Tuesday.”  

“One megawatt is enough to power 500 Texas homes under normal conditions, according to the Electric Reliability Council of Texas, which runs most of the state grid.”