How high will peak electricity demand on the Texas ERCOT grid get in 2026?

Kalshi Economy Closes Jan 1, 2027 · $56 today · $23K traded · $6.1K at stake · prices read 2 h ago

The odds

5%Above 91,500 MW

91,000100,000

How the odds have moved

Above 91,500 MW: 5% on Oct 20, 5% now.

The median the market implied over time and its middle half (the band), read from every strike's prices on Kalshi.

Every outcome

Outcome	Chance	Bid	Ask	Pays	Contracts
Above 91,500 MW	5%	4¢	5¢	$20.00	206.4K
Above 92,000 MW	4%	3¢	4¢	$25.00	141.9K
Above 92,500 MW	4%	3¢	4¢	$25.00	79.1K
Above 93,000 MW	3%	2¢	3¢	$33.33	84.1K
Above 94,000 MW	3%	2¢	3¢	$33.33	87.4K
Above 96,000 MW	3%	2¢	3¢	$33.33	45.2K
Above 98,000 MW	2%	1¢	2¢	$50.00	40.1K

"Pays" is what a $1 stake returns if that outcome happens, at the price shown (before any fees). Bid and ask are the best prices to sell and buy "Yes".

The news: Texas ERCOT

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Odds are traders' prices on Kalshi, Polymarket, ForecastEx and Crypto.com, not forecasts by 4Conservative. Prices read from the venues 2 min ago. Prices may be delayed. Money traded on Kalshi and ForecastEx is estimated from contracts. Not betting or investment advice.

About this market

VenueKalshi

Settles onElectric Reliability Council of Texas (ERCOT)

Trading closesJan 1, 2027 1:29 AM ET

Traded$23K (684,162 contracts)

Today$56

This week$23K

At stake$6.1K

Followed here sinceOct 19, 2026

The rules

If ERCOT reports that the integrated system load on the ERCOT grid during calendar year 2026 is above 91,500 MW, then the market resolves to Yes.

The full rules are on the market's page at Kalshi.

Reading the odds

A prediction market trades contracts that pay $1 if something happens. Its price is the market's chance: a contract at 62¢ means traders give it 62%. Each number here is the midpoint between the best bid and offer, or the last trade when they are more than ten cents apart.

For a question with many answers (who wins, which range a number lands in), the chances are scaled to add up to 100%. A price ladder ("above 4.25%, above 4.50% ...") gives a whole distribution: its median is where traders see an even chance either way.

Kalshi is a U.S. exchange regulated by the CFTC; its money is counted in contracts, shown here as dollars at their price. Polymarket counts dollars. ForecastEx is Interactive Brokers' exchange, regulated by the CFTC; its contracts too are shown as dollars at their price. Crypto.com lists its markets on Crypto.com | Derivatives North America, a U.S. exchange regulated by the CFTC; it reports the dollars traded. Where more than one asks the same question, each is shown, never averaged.

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Prediction-market prices are what traders pay for each outcome on Kalshi, Polymarket, ForecastEx and Crypto.com, read as the market's implied chance. They are not forecasts by 4Conservative, can move fast and can be wrong; they are read every few minutes and may be delayed. Money traded on Kalshi and ForecastEx is estimated from contracts at their price. News comes from the 4Conservative index; prices of stocks, rates and coins from 4Conservative Finance. Nothing here is betting, financial or investment advice. Terms of use.