Will Texas experience blackouts this Summer?
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Ṁ1kṀ8.8kresolved Sep 24
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Market will resolve yes if: multiple cities in Texas experience rolling or large scale blackouts due to widespread power generation or distribution failures due to grid strains as reported by major news organizations. Needs to be major national headline news searching google news for Texas blackout from a non-local news source.
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In a forecast for August (released Jun 7), ERCOT predicted a 12.02% risk of falling below 1500MW of reserves during the 8-9pm hour of the "peak load day". This is described as the threshold for ordering controlled outages.
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