Texas (ERCOT)

About This Market

This market resolves "Yes" if the Electric Reliability Council of Texas (ERCOT) declares a NERC Energy Emergency Alert at Level 2 (EEA-2) or Level 3 (EEA-3) at any point from this market's creation through 11:59 PM CT on September 30, 2026. A lower EEA-1 declaration does not qualify. A declaration qualifies as long as it happened before the deadline, even if it is only documented or reported afterward. A DOE Section 202(c) emergency order is not a NERC EEA declaration and does not qualify. Because Energy Emergency Alerts are federally reportable, a qualifying declaration is also verifiable through mandatory NERC or U.S. Department of Energy records (DOE Form OE-417, published at https://www.oe.netl.doe.gov/oe417.aspx) even if no other source captures it. The declaration will be confirmed by any official ERCOT communication — its news releases (https://www.ercot.com/news/releases), market notices, or real-time grid-condition postings — or by credible national news reporting. It qualifies as long as the declaration itself happened before the deadline, even if it is only documented or reported afterward. Otherwise, this market resolves "No".