TOTAL VOLUME:
$134b
24H VOL:
$103,397,351
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,410,176,180
399,592
Markets across
30,097
events
MATCHED EVENTS:
2,622
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Sep 4, 12:55 AM EST
Kalshi
This event tracks the peak electricity demand on the Texas ERCOT grid for a specific day in 2026. The outcome depends on whether the highest recorded hourly load exceeds various threshold values. The data comes directly from ERCOT's official reports for that day.
All markets in this event resolve based on the highest hourly total system load reported by ERCOT for September 3, 2026. The determining value comes from the first complete 'Actual System Load by Forecast Zone' CSV report published by ERCOT for that operating day, specifically the highest value found in the TOTAL column. Each market has a different threshold (ranging from 82,000 MW to 93,000 MW) – if the reported peak load exceeds that threshold, the market resolves to Yes; otherwise, it resolves to No. All values are evaluated as published without rounding, and later revisions, settlement adjustments, or republications of the data will not affect the result. Only full-hour load values are considered; instantaneous readings are excluded.
Currently, it's difficult to directly compare the odds in this market to traditional analyst forecasts for Texas electricity demand. However, generally, prediction markets often incorporate a wider range of information and perspectives than standard polls or analyst reports. This can lead to differences in predicted outcomes, as this market reflects the collective judgment of traders actively assessing the likelihood of various demand scenarios. It’s worth noting that analyst forecasts are often point estimates, while this market allows for trading on a range of possibilities.
On Kalshi, this market is priced through a continuous double auction, meaning buyers and sellers submit bids and offers for contracts that pay out based on the final outcome. The price of a contract reflects the market’s assessment of the probability of that outcome occurring. 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 and their own analysis, leading to dynamic price movements. This creates a real-time forecast of peak electricity demand in Texas.
This market resolves around Sep 11, 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 3, 2026. The reported value will be verified against official data sources to determine which outcome corresponds to the actual peak electricity demand. This ensures a transparent and objective resolution process for this market.
Several factors could significantly impact this market. Weather forecasts for Texas in the weeks leading up to September 3, 2026, will be crucial, as extreme heat drives up electricity demand. Changes in economic activity, particularly industrial output, could also shift the market. Unexpected outages at power plants, or significant additions of renewable energy capacity, would also be key signals. Finally, any announcements regarding energy policy or conservation efforts in Texas could influence trading activity in this market.