TOTAL VOLUME:
$134.1b
24H VOL:
$133,388,117
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,436,095,462
405,232
Markets across
30,526
events
MATCHED EVENTS:
2,693
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Sep 2, 12:55 AM EST
Kalshi
This event tracks the peak electricity demand on Texas' ERCOT grid for a specific day, reflecting how energy consumption patterns respond to weather, economic activity, and other seasonal factors. The outcome depends solely on the highest recorded hourly load during that day, measured in megawatts.
The event resolves based on whether the highest hourly total system load reported for the ERCOT grid on September 1, 2026, exceeds specified thresholds ranging from 82,000 MW to 93,000 MW. The authoritative data source is the first complete “Actual System Load by Forecast Zone” CSV report published by ERCOT for that operating day. Each hourly value represents the total system load for the corresponding full hour, with instantaneous readings excluded. Values are compared as published without rounding, and later revisions, settlement adjustments, or republications of the data will not alter the result. The Expiration Value for each market is the highest value found in the TOTAL column of the referenced report.
Compared to traditional analyst forecasts, prediction market odds for this market often reflect a more nuanced view that blends expert expectations with real-time trader behavior. While analysts may issue specific numeric predictions, the market incorporates a broader range of inputs, including weather forecasts, economic indicators, and energy-use trends. This can lead to divergence, especially when unexpected data emerges that shifts trader sentiment away from consensus forecasts.
On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Kalshi, traders set prices through continuous bidding and asking, with the current top outcome reflecting the aggregate expectation for the peak demand level. The market uses a logarithmic market scoring rule to determine payouts, incentivizing accurate forecasting. As new information about Texas weather patterns, economic activity, or energy policies emerges, prices adjust to reflect updated probabilities.
This market resolves around Sep 9, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The final settlement will reflect the officially recorded peak electricity demand for the Texas ERCOT grid on September 1, 2026, as reported by authoritative energy monitoring agencies. Traders should monitor official ERCOT announcements and reputable energy news sources for confirmation.
Several signals could shift this market before resolution, including extended heat waves or cold snaps in Texas, changes in industrial activity levels, updates to energy conservation policies, and unexpected grid outages or infrastructure developments. Additionally, revisions to weather forecasts, especially those indicating higher or lower-than-expected temperatures, often trigger rapid price adjustments as traders reassess demand scenarios.