The only way to get rid of enough gas this year in order to keep supply from exceeding storage cavern capacity is for coal-fired power generators to back down like they did last year and make room for more generation from gas-fired plants, analysts at Barclays Capital said Tuesday.
Exceeding
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Transportation Notes
Pacific Gas and Electric issued a new systemwide Stage 2 high-inventory OFO for Wednesday, setting penalties of $1/Dth for positive daily imbalances exceeding a 7% tolerance. Meanwhile, Southern California Gas kept the high-linepack OFO it had declared for Tuesday, with an imbalance tolerance of 10%, in effect through Wednesday.
Transportation Notes
Pacific Gas and Electric issued a new systemwide Stage 2 high-inventory OFO for Wednesday, setting penalties of $1/Dth for positive daily imbalances exceeding a 7% tolerance. Meanwhile, Southern California Gas kept the high-linepack OFO it had declared for Tuesday, with an imbalance tolerance of 10%, in effect through Wednesday.
Transportation Notes
Pacific Gas & Electric issued a systemwide Stage 2 high-inventory OFO on its California Gas Transmission system for Friday, setting penalties of $1/Dth for exceeding a 5% tolerance on positive daily imbalances.
Transportation Notes
Pacific Gas & Electric issued a systemwide Stage 2 high-inventory OFO on its California Gas Transmission system for Friday, setting penalties of $1/Dth for exceeding a 5% tolerance on positive daily imbalances.
Transportation Notes
Pacific Gas & Electric issued a systemwide Stage 2 high-inventory OFO for Saturday on its California Gas Transmission system, setting $1/Dth penalties for exceeding an 8% tolerance on positive daily imbalances.
Transportation Notes
Pacific Gas & Electric issued a systemwide Stage 2 high-inventory OFO for Saturday on its California Gas Transmission system, setting $1/Dth penalties for exceeding an 8% tolerance on positive daily imbalances.
Transportation Notes
Pacific Gas and Electric issued a systemwide Stage 2 high-inventory OFO on its California Gas Transmission system for Saturday. Penalties of $1/Dth were set for exceeding a 15% tolerance on positive daily imbalances.
Transportation Notes
Pacific Gas and Electric issued a systemwide Stage 2 high-inventory OFO on its California Gas Transmission system for Saturday. Penalties of $1/Dth were set for exceeding a 15% tolerance on positive daily imbalances.
BP Readies for Bevy of New Start-Ups in 2011
With production exceeding its forecasts and wind in its sails, BP plc will hold a steady course through 2010 before launching a slew of new projects in 2011, CEO Tony Hayward said last week.