Texas Electricity Grid of 2050: Challenges and Opportunities

Presentation Description: The landscape of the power industry in Texas is undergoing a transformative shift, and the grid of the future won’t be anything like what we are used to. At Enverus, we are at the forefront of this evolution, having developed long-term load and generation forecasts that serve as the foundation for our advanced dispatch model. This model allows us to gain valuable insights into the dynamics of the future grid of Texas. Through our forecasts and dispatch simulations, we expect gas generation to gradually be displaced, making way for increased wind and solar capacity and a substantial integration of energy storage. However, even in clean grids we expect dispatchable assets to be essential in balancing supply and demand in real time. A comprehensive understanding of energy and ancillary services markets in this evolving landscape is crucial for strategic planning and effective business operations in the future power industry.