28-05-2025
Ascend Analytics Releases New ERCOT Market Report, Forecasts Ongoing Scarcity Conditions in 2027 and Beyond
Ascend to Explore Implications of Growing Gap Between Projected Power Supply and Demand in Texas During Webinar on May 29th
BOULDER, Colo., May 28, 2025 /PRNewswire/ -- Ascend Analytics ('Ascend'), the leading provider of market intelligence and analytics solutions for the energy supply, announced the publication of its new ERCOT Market Report, Release 5.2. The most recent release in its series of proprietary power market forecasts, Ascend's updated ERCOT Market Report projects that ERCOT's load growth forecasts are unlikely to be met due to practical limitations to supply buildout. ERCOT will ride a weather-dependent knife's edge as tension between load growth and power supply additions bites in the late 2020s, resulting in increased electricity scarcity and heightened price volatility.
Tension between potential load growth and the rate of plausible supply buildout will lead to a market with a very sensitive reserve margin. To help developers, financiers, and energy market stakeholders navigate the structural changes underway in the unique and rapidly expanding ERCOT market, Ascend is hosting a webinar, " ERCOT Market Outlook: Power Generation Resources, Assemble! " at 11am MT on Thursday, May 29th. In addition to exploring implications of the firm's proprietary load growth and supply projections, which are grounded in Ascend's Opportunity Cost Forecasting Framework, the webinar will discuss how:
'ERCOT continues to undergo rapid change, and supply additions will have a difficult time keeping up with demand growth,' said Brent Nelson, Managing Director of Markets and Strategy at Ascend Analytics. 'With scarcity conditions ongoing and weather-dependent, expect a volatile market with boom years and bust years, and forward markets that reflect this asymmetric price risk. With limited supply available for new gas generation, storage is well-positioned as a capacity resource under these conditions, as long as state and federal policies remain conducive.'
About Ascend Analytics
Ascend Analytics is the leading provider of market intelligence and analytics solutions for the energy supply. The company's offerings enable decision makers in power supply, procurement, and investment markets to plan, operate, monetize, and manage risk for renewable energy and storage assets. From real-time to 30-year horizons, their forecasts and insights are at the foundation of over $50 billion in project financing assessments. Ascend provides energy market stakeholders with the clarity and confidence to successfully navigate the rapidly shifting energy landscape.
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