ERCOT

Elon Musk‘s Tesla Inc. (NASDAQ:TSLA) said on Monday that more than 10 of the company’s Megapack sites operating in the Electric Reliability Council of Texas (ERCOT) ensured grid stability during the solar eclipse. What Happened: The Megapacks filled the energy void of over one...

The price of electricity briefly spiked over 800% in Texas during the weekend as the South continues to be battered by this summer's extreme heat wave. The price of a megawatt-hour rose to more than $2,500 on Sunday at 8 p.m. in most grid sectors across the state, due to an expected rise in demand...

Texas-based Bitcoin (CRYPTO: BTC) miners responded to a request from The Electric Reliability Council of Texas (ERCOT) by suspending operations on Monday. What Happened: Almost all Bitcoin miners in the state have powered down in light of the ongoing heatwave that has pushed the Texas power grid...