Permian Basin Power Use

By 2038, it is estimated that power usage in the Permian Basin will increase 7 fold. This 7x increase is based on “S&P Global Commodity Insights had estimated Permian Basin ERCOT load at 3.4 GW in 2022, projected to grow to 11.9 GW by 2032.” ERCOT’s Permian Basin Reliability Plan, the “official” usage estimate is expected in July. A draft of this plan estimates ” that load would approach 23.7 GW by 2030 and 26.4 GW by 2038.”

S&P Global | Texas grid stakeholders mull plans for massive power demand in Permian Basin