The Electric Reliability Council of Texas (ERCOT) expects to have more than enough power generating capacity to meet potentially record-breaking power demand this summer. 

The power grid operator for about 90% of Texas also said it has taken steps to improve transparency following the power crisis it experienced during Winter Storm Uri.

ERCOT is forecasting peak load of 77,144 MW during what is forecast to be a hot, dry summer. It said continued economic and population growth also would drive power consumption.

Based on the forecast, a 15.7% reserve margin is in place for this summer. The current system-wide peak demand record in the region is 74,820 MW, which was set on Aug. 12, 2019.

ERCOT said it has identified “low-probability, high-impact” situations similar to...