TOTAL VOLUME:
$134.2b
24H VOL:
$134,145,987
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,441,166,947
406,422
Markets across
30,383
events
MATCHED EVENTS:
2,688
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Sep 14, 12:55 AM EST
Kalshi
These markets track whether the Texas electricity grid will experience exceptionally high demand on a specific future date. The outcome depends on measured peak usage levels against set thresholds, reflecting potential strain on energy infrastructure during extreme weather or high-consumption events.
All markets resolve based on the highest hourly total system load reported by ERCOT for September 13, 2026, against ascending thresholds from 78,000 MW to 89,000 MW. The Expiration Value for each market is derived from the highest value in the TOTAL column of the first complete “Actual System Load by Forecast Zone” CSV report published by ERCOT for that operating day. Each hourly value represents the grid's total load for full hours only; instantaneous readings are excluded. Values are compared as published without rounding, and later revisions, settlement adjustments, or republications of the data will not alter the Expiration Value. Markets resolve to Yes if the recorded peak load exceeds their respective threshold, otherwise No.
On Kalshi, this market is priced using a continuous double auction, meaning traders can buy and sell contracts at any time, setting the price based on their expectations. The price represents the probability of the event occurring – a higher price indicates a greater perceived likelihood. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders are constantly adjusting their bids and offers based on new information, leading to a dynamic pricing mechanism. This allows the market to quickly incorporate new data and reflect changing sentiment regarding the peak electricity demand in Texas.
This market resolves around Sep 21, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The resolution will depend on the highest hourly total system load reported for the ERCOT grid on September 13, 2026. If that load exceeds 89,000 MW, the market will settle in favor of the 'yes' outcome; otherwise, it will settle in favor of 'no'. The final outcome is determined by official data released by ERCOT and verified against credible public sources.
Several factors could significantly influence this market. Weather forecasts for Texas in the weeks leading up to September 13, 2026, will be critical, especially predictions for extreme heat waves. Changes in natural gas prices, a major fuel source for Texas power plants, could also impact expectations. Furthermore, any announcements regarding power plant outages or significant increases in renewable energy generation capacity could shift the market. Finally, broader economic conditions and overall energy demand trends will play a role in shaping the market's trajectory.