TOTAL VOLUME:
$134.1b
24H VOL:
$141,541,542
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,440,096,988
406,065
Markets across
30,522
events
MATCHED EVENTS:
2,692
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Sep 21, 12:55 AM EST
Kalshi
This event tracks whether electricity demand in Texas, managed by the ERCOT grid, will exceed specific thresholds on September 20, 2026. The outcome depends on the highest recorded hourly electricity usage for that day, reflecting factors like weather, economic activity, and energy conservation efforts.
The event determines if the ERCOT grid's peak hourly electricity demand on September 20, 2026, surpasses various thresholds ranging from 78,000 MW to 88,000 MW. Resolution relies on the highest value reported in the TOTAL column of ERCOT's first complete “Actual System Load by Forecast Zone” CSV file for that operating day. Only full-hour readings are considered; instantaneous load figures are excluded. Values are evaluated as published without rounding, and any subsequent revisions, adjustments, or republications do not alter the official result. Each threshold-defined market will resolve to 'Yes' if the recorded peak demand exceeds its specific level, otherwise 'No'.
On Kalshi, this market is priced through a continuous double auction, where traders buy and sell contracts representing their beliefs about the outcome. The price of a contract reflects the probability of that outcome occurring, as perceived by the market participants. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders set the odds by placing bids and offers, and the market price fluctuates based on supply and demand. Higher demand for a particular outcome will drive up its price, while increased selling pressure will lower it. This dynamic pricing mechanism allows the market to efficiently aggregate information and reflect the collective wisdom of the crowd.
This market resolves around Sep 28, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Specifically, the resolution will be based on the highest hourly total system load reported for the ERCOT grid on September 20, 2026. The final price will reflect whether the peak demand exceeded 78,000 MW, as defined by the market contract. Traders will then be able to collect on winning contracts or fulfill losing positions based on the final outcome reported for this market.
Several factors could significantly impact this market between now and the resolution date. Major weather events, such as heat waves or prolonged periods of high temperatures, are key drivers of electricity demand in Texas. Changes in economic activity, particularly industrial output, can also influence demand. Furthermore, any news regarding the reliability of the ERCOT grid, including planned outages or unexpected disruptions, could cause price fluctuations. Finally, long-range weather forecasts released closer to September 20, 2026, will likely play a crucial role in shaping market sentiment.