After belatedly declaring a customer-Specific Stage 2 high-inventory OFO for Tuesday on its California Gas Transmission system, Pacific Gas and Electric will expand the OFO to systemwide Wednesday. Penalties for exceeding a 5% tolerance on positive daily imbalances will be $1/Dth.
Belatedly
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Transportation Notes
Pacific Gas and Electric belatedly issued a systemwide Stage 2 high-inventory OFO for Wednesday on its California Gas Transmission system, setting penalties of $1/Dth for exceeding a 6% tolerance on positive daily imbalances. The OFO was extended through Thursday with much the same conditions except that the tolerance was tightened slightly to 5%.
Transportation Notes
Pacific Gas and Electric belatedly issued a systemwide Stage 2 high-inventory OFO for Wednesday on its California Gas Transmission system, setting penalties of $1/Dth for exceeding a positive imbalance of 8%. The OFO was extended through Thursday, when the tolerance will tighten to 5%.
Transportation Notes
Pacific Gas and Electric (PG&E) belatedly issued a systemwide Stage 2 high-inventory OFO for Tuesday and extended it through Wednesday, tightening the tolerance for positive daily imbalances from 12% to 9%.
Transportation Notes
Pacific Gas & Electric belatedly Wednesday issued a systemwide Stage 2 high-inventory OFO for Thursday on its California Gas Transmission system. Charges of $1/Dth were set for noncompliance with a positive imbalance tolerance of 8% Thursday. The OFO will continue Friday, but the tolerance will be a bit looser at 13%.
Transportation Notes
Pacific Gas & Electric belatedly declared a systemwide Stage 2 high-inventory OFO for Tuesday but allowed it to expire Wednesday.
Transportation Notes
After belatedly issuing a customer-specific low-inventory OFO for Thursday, Pacific Gas & Electric expanded it into a systemwide Stage 2 low-inventory OFO for Friday on its California Gas Transmission system. Penalties of $1/Dth were set for customers exceeding a 7% tolerance for negative daily imbalances.
Transportation Notes
Pacific Gas & Electric belatedly issued a customer-specific Stage 2 high-inventory OFO for Tuesday on its California Gas Transmission system, then expanded it into a systemwide OFO for Wednesday. Penalties of $1/Dth were set in both cases for exceeding a 5% tolerance on positive daily imbalances. In a separate message the giant dual utility also said system inventories were “trending toward being outside the upper operating limits as we approach the July 4th holiday weekend. High pipeline inventory has been a consistent issue for almost all Independence Day weekends since 1998.” Encouraging customers to balance their gas supplies with usage, PG&E concluded with a cheery, “Enjoy an independent and OFO-free weekend!”
CA Regulators to Free Up Extra SoCalGas Supplies
Belatedly, after delaying a decision for several months, California regulators are expected to okay Southern California Gas Co.’s proposal to free up 14 Bcf of previous cushion gas at two of its underground storage fields and sell the supplies on the open market. It was originally proposed in the days of shorter supplies and higher wholesale prices. A vote Wednesday is expected, according to state regulator Geoffrey Brown, briefing news media Tuesday.
California Agrees to Buy SDG&E’s Wires
Conceding that federal regulators belatedly have taken steps to offer wholesale power price relief, California Gov. Gray Davis last week announced an agreement with Sempra Energy’s San Diego Gas and Electric Co. that wipes out a $740 million debt the utility was facing for uncovered wholesale electricity costs. The state will buy SDG&E’s transmission lines for just under $1 billion, or 2.3 times book value, and commit to provide all of its native generation to the state on a cost-based, below-market basis.