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 5, 12:55 AM EST
Kalshi
This event tracks whether electricity demand in Texas will exceed specific thresholds on a particular day. The outcome depends on measured usage levels during peak hours, reflecting how energy consumption patterns can vary with weather and other factors.
All markets resolve based on the highest hourly total system load reported by ERCOT for September 4, 2026, as documented in the first complete 'Actual System Load by Forecast Zone' CSV report published after that day. Each market has a distinct threshold (ranging from 78,000 MW to 89,000 MW); if the recorded peak load exceeds the respective threshold, that market resolves to Yes. All values are taken from full-hour measurements and compared as published without rounding. No later revisions, adjustments, or republications of data will alter the result. Instantaneous load readings from other sources are explicitly excluded from consideration.
On Kalshi, this market is priced using a continuous double auction, meaning buyers and sellers submit bids and offers, and trades occur when they match. The price reflects the probability of the outcome occurring, with higher prices indicating a lower probability and vice versa. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders are constantly updating their assessments based on new information, leading to dynamic price adjustments. The current price represents the market’s best estimate of the likelihood of the peak electricity demand exceeding a certain threshold on September 4, 2026.
This market resolves around Sep 12, 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 4, 2026. The official data from ERCOT will be used to determine whether the market resolves in favor of one outcome or another. The final price will reflect the actual peak demand experienced on that day.
Several factors could significantly influence trading in this market. Weather forecasts for Texas in the weeks leading up to September 4, 2026, will be closely watched, as extreme heat drives up electricity demand. Changes in the availability of renewable energy sources, such as wind and solar, could also impact the market. Furthermore, any news regarding planned power plant outages or significant economic shifts in Texas could cause traders to reassess their predictions and adjust their positions, leading to price fluctuations in this market.