Texas Electricity Price Forecast 2025. More than a third of the forecast growth is coming from the permian basin, where oil and gas operators are converting operations to run on electricity instead of gas or diesel. Texas generates around 50% of its electricity with natural gas, which increased in price due to global geopolitical tensions.
The electric reliability council of texas on may 24 issued a report showing its expected resources would exceed expected peakloads by 46% in 2025, more than triple the. Henry hub steo natural gas spot prices