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 25, 12:55 AM EST
Kalshi
The event tracks whether the highest hourly electricity consumption on Texas' ERCOT grid exceeds specific thresholds on September 24, 2026. It reflects real-time energy demand fluctuations influenced by weather, economic activity, and other factors. Outcomes are determined by official ERCOT reports published after the event date.
All markets resolve based on the highest hourly total system load reported by ERCOT for September 24, 2026. The Expiration Value for each market is the peak value found in the TOTAL column of the first complete “Actual System Load by Forecast Zone” CSV report published by ERCOT for that operating day. Each market has a unique threshold (e.g., above 80,000 MW, above 80,500 MW, etc.), and if the reported peak load exceeds the respective threshold, that market resolves to Yes; otherwise, it resolves to No. All values are evaluated as published without rounding, and subsequent revisions, settlements, or republications by ERCOT do not alter the outcome. Instantaneous load readings from other sources are excluded from consideration.
Currently, it’s difficult to make a direct comparison between the odds reflected in this market and traditional analyst forecasts for Texas electricity demand. While analysts often provide projections for peak demand, these are typically point estimates or ranges, whereas this market allows for a probabilistic assessment of many possible outcomes. It will be interesting to observe how the market’s collective prediction evolves as we get closer to September 24, 2026, and whether it converges with or diverges from expert opinions on the expected electricity load.
This market resolves around Oct 2, 2026, with the outcome confirmed once the actual peak electricity demand on September 24, 2026, is verifiable from credible public reporting. The official peak demand data released by ERCOT (the Electric Reliability Council of Texas) will be used to determine which outcome corresponds to the actual demand. The market will settle to 100 for the contract closest to the reported peak demand, and 0 for all other contracts. This provides a clear and objective basis for determining the winning outcome.
Several factors could significantly impact this market between now and September 24, 2026. Major weather events, such as heat waves or cold snaps, are primary drivers of electricity demand in Texas and would likely cause substantial shifts in the market. Changes in economic conditions, population growth, or energy policy could also influence demand forecasts. Furthermore, announcements regarding new power generation capacity or energy efficiency initiatives could affect the market's pricing. Any news related to ERCOT’s grid reliability or operational changes could also move this market.