TOTAL VOLUME:
$134.2b
24H VOL:
$126,590,312
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,439,516,703
404,175
Markets across
30,277
events
MATCHED EVENTS:
2,685
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Sep 10, 12:55 AM EST
Kalshi
This event tracks the peak electricity demand on the Texas ERCOT grid for a specific date. The outcome depends on whether the highest recorded hourly load exceeds various threshold values. The data comes from official ERCOT reports, ensuring an objective and reliable measurement of grid usage.
The event determines whether the highest hourly total system load reported by ERCOT on September 9, 2026, exceeds specified threshold values ranging from 78,000 MW to 89,000 MW. Resolution is based on the first complete “Actual System Load by Forecast Zone” CSV report published by ERCOT for that operating day. The Expiration Value for each market is the highest value found in the TOTAL column of this report. Each value reflects the ERCOT system load for a full hour, with instantaneous readings excluded. Values are compared as published, and later revisions, settlement adjustments, or republications do not affect the result. Markets resolve to Yes if the recorded peak load surpasses their respective thresholds; otherwise, they resolve to No.
On Kalshi, this market is priced using a continuous double auction, meaning traders can 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. As more traders participate and new information becomes available, the prices will adjust to reflect the evolving consensus. Essentially, traders are setting the odds by placing bids and asks, and the market price converges towards what participants believe is the most likely scenario for peak electricity demand in Texas on September 9, 2026.
This market resolves around Sep 17, 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 9, 2026. The reported value will be sourced from official ERCOT data and verified against credible public sources. The contract representing the correct outcome will pay out $1.00, while those representing incorrect outcomes will be worth $0.00. Traders should monitor official ERCOT reports as the resolution date approaches.
Several factors could significantly influence this market. Unexpected weather patterns, particularly extreme heat waves, are a primary driver of electricity demand in Texas. Changes in economic activity, such as increased industrial production, could also raise demand. Furthermore, any news regarding power plant outages, renewable energy generation (wind and solar), or changes in energy policy could move the market. Major geopolitical events impacting natural gas prices—a key fuel source for Texas power generation—could also have an effect. Monitoring these signals will be crucial for traders looking to capitalize on shifts in the Texas electricity demand market.