The structural growth in electricity demand driven by the rapid pace of data centre and other large-load buildout is getting a lot of attention among power market stakeholders. So, what are the consequences for real-time dynamics of adding these huge sources of demand to existing networks? And can domestic production meet significant demand growth from both LNG production and power generation?
Gas production and pricing and the impact of large-load real-time behaviour on power markets were key themes at our recent Power and Gas Trading Conference in Houston. Fill out the form at the top of the page to download slide decks from the event covering these and other topics, or read on for a brief overview.
Large loads are the new volatility source for power trading
Power market traders are used to tracking a range of issues that can impact real-time pricing in energy markets, from generating facility downtime, network outages and renewables intermittency to more serious weather-related disruption. However, our real-time analysis of US power markets shows that large-load behaviour is driving a critical shift, with large loads increasingly a major source of volatility.