POV: Power Breakfast

Power Breakfast for August 11, 2016

ERCOT breaks this week's peak demand record; Australia rejects Chinese bids to operate electricity assets


POV: Power Breakfast

A nearly daily update of energy-related news:

  • On Wednesday, August 10, ERCOT set a new systemwide demand record of 70,572 MW, surpassing the previous peak demand record set on Monday, August 8 of this week. ERCOT officials continue to monitor the market to ensure that there is sufficient generation available to meet the needs of Texans during the hot summer months.
  • The Australian government has rejected bids from the Chinese government-owned State Grid and Hong Kong’s Cheung Kong Infrastructure to operate Ausgrid, the Australian company that owns most of the electricity distribution assets in Sydney and surrounding areas. Officials are citing national security concerns as the root of this decision. Bidders have until next Thursday to propose their final argument before a final ruling is made.
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