Dominguez says ERCOT weakness stems from batteries arriving before data center load, and the market should tighten as data centers get built.
What we're seeing in Texas is what we fully anticipated. The battery storage and other things you're talking about started earlier, they're arriving on the grid earlier than the load is. I think the market will start to tighten up as the data centers get built and you start to see the market come into more or less equilibrium.