Welligence GHG | Electrification in Permian Moves Forward as Demand Surges in the ERCOT Grid
November 5, 2024
The Permian basin, while a prolific oil and gas region, currently has an upstream emissions intensity of 15.8 kgCO2e/boe, falling short of the low intensities in other developed upstream regions. However, with renewables set to become the largest source of energy in Texas by 2025, companies are now seeking to reduce intensity by electrifying through the ERCOT grid. What are the macro-scale effects of this electrification on emissions and electricity demand in the Permian?