FERC Raises Number of Intra-Day Noms to Three
In a move FERC said will "create a more integrated and efficient
interstate pipeline grid," the Commission adopted standards last
week that will expand from one to three the number of intra-day
nomination opportunities for shippers on all interstate pipelines.
The intra-day nomination schedule was proposed by the Gas Industry
Standard's Board in March, by FERC in a notice of proposed
rulemaking in April and last week was made part of the Commission's
regulations with required pipeline implementation by Nov. 2.
The standards establish three times for shippers to submit their
intra-day nominations: 6 p.m. to take effect the following gas day,
and 10 a.m. and 5 p.m. to take effect the same gas day. The 10 a.m.
nomination would become effective, if confirmed, at 5 p.m. the same
day, with any bumping notice to interruptible shippers given by 2
p.m. via electronic notice, facsimile or telephone. The 5 p.m.
intra-day nomination would become effective, if confirmed, at 9
p.m. the same day. No bumping is allowed at the 5 p.m. nomination.
The 6 p.m. intra-day nomination would become effective, if
confirmed, at 9 a.m. the following day if all parties can be
scheduled. Bumping notice for the 6 p.m. nom would be given by 10
p.m. and would become effective at 9 a.m. the following day.
The Commission calculated the annualized start-up cost of
adopting the changes to be $450,293 for all 93 pipeline companies.
Pipelines must file revised tariff sheets to reflect the changes
not less than 30 days prior to Nov. 2 implementation.
"Adoption of these regulations," the Commission said, "will
provide shippers with increased options to change their scheduled
gas quantities to reflect weather and other changed conditions and
enable shippers to more efficiently transact business across
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