On the supply side, ERCOT is currently overhauling their power forecasting methods to better predict when they may need to bring more power generation capacity online. FERC’s recent order 764, requiring that utilities and other power generation sources report power capacity in 15 minute increments, will push ERCOT in the direction of more flexibility and enable it to predict when demand will reach emergency levels. Developing a capacity market, which is used in many other power markets, is a possibility. In many ways capacity markets are still maturing, so a new take on capacity market design could have broader consequences.