Wind turbines in Texas
Gas remains the workhorse of the Texas grid
Much has been made about the expansion of wind and solar power, but in the hottest days of August, Texans depended on gas to avert rolling blackouts
The Texas electricity grid made headlines over the summer—most of them crisis-related. Grid managers at the Electric Reliability Council of Texas (ERCOT) were forced on many days to issue conservation pleas to users as statewide temperatures regularly soared well over 100°C, creating record demand. In past summers, such requests from ERCOT have been rare, coming mainly during the hottest days of August. “The Texas grid is tired,” said Rob Allerman, senior director of power analytics at research firm Enverus, by which he meant that ERCOT had been asking operators of many coal and gas power plants in the state to delay scheduled downtime for maintenance and upgrades until the crisis-filled sum
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6 March 2026
The March 2026 issue of Petroleum Economist is out now!
6 March 2026
After Europe’s rapid buildout of floating LNG import capacity, Exmar CEO Carl-Antoine Saverys says future growth in floating gas infrastructure will increasingly be driven by developing markets as lower prices, rising energy demand and the need to replace coal unlock new opportunities for unconventional and tailor-made solutions
5 March 2026
Gas is a central pillar of Colombia’s energy system, but declining production poses a significant challenge, and LNG will be increasingly needed as a stopgap. A recent major offshore gas discovery offers hope, but policy improvements are also required, Camilo Morales, secretary general of Naturgas, the Colombian gas association, tells Petroleum Economist
4 March 2026
The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
