𝔖 Bobbio Scriptorium
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Regulatory Changes in Storage

✍ Scribed by Sprung, Jeffrey T.

Publisher
John Wiley and Sons
Year
2007
Weight
325 KB
Volume
5
Category
Article
ISSN
0743-5665

No coin nor oath required. For personal study only.

✦ Synopsis

If storage were available to buyers and sellers of natural gas other than pipelines and local distribution companies, it could be a tremendously valuable asset to them. During peak periods, they could provide their customers with gas purchased and transported to market during a period of lower demand. They could avoid balancing pmalties by making up short-term imbalances from storage. And they could use storage to reduce the impact of future increases in the price of gas.

Currently however, only interstate pipelines and local distribution companies-the owners of storage facilities-have access to this valuable service. Since neither the Federal Energy Regu-1ator.y Commission (FERC) nor most state regulatory commissions have yet concentrated their attention on the role of storage in the supply of * Energy Information Administration, U S . Department o f Enera, Annual Energy Review 1987 147.

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