Inventory

Pacific Gas & Electric declared a systemwide Stage 3 high-inventory OFO for today. Positive imbalances exceeding a 4% tolerance are subject to penalties of $5/Dth.

Pacific Gas & Electric extended into Sunday a Stage 4 high-inventory OFO that had been implemented Saturday. Tolerance for positive imbalances was tightened to 5% Sunday but penalties were left unchanged at $25/Dth. No OFOs were in effect for Monday or today.

PG&E called a Stage 4 systemwide OFO for gas day Saturday June 9. The recent high inventory customer-specific OFOs have not resulted in improved pipeline system conditions, the utility said. “Rather, we have seen non-targeted customers create significant imbalances.” The OFO had a 7% tolerance and $25/Dth penalties.

Pacific Gas & Electric extended into Sunday a Stage 3 high-inventory OFO that had been implemented Saturday, then expanded it Monday into a Stage 4 OFO with greatly increased penalties of $25/Dth for positive imbalances exceeding a 1% tolerance. No OFO was in effect Tuesday, but the utility reinstituted a Stage 3 order for today with $5/Dth penalties and an 8% tolerance.

Pacific Gas & Electric finally brings an extended Stage 3 high-inventory OFO to a halt today. The OFO, which caused steep plunges at PG&E-related pricing points Friday when it was issued for Saturday, got extended through Sunday at zero tolerance for positive daily imbalances. The tolerance was loosened considerably to 15% in Monday’s OFO, but $5/Dth penalties remained in place.

Pacific Gas & Electric declared an extremely stringent systemwide Stage 3 high-inventory OFO for Saturday. The order had zero tolerance for positive daily imbalances and carried penalties of $5/Dth.

Pacific Gas & Electric expanded what had been a customer-specific OFO for Saturday into systemwide Stage 3 high-inventory OFOs for Sunday and Monday. The sytemwide OFOs carried $5/Dth penalties for positive daily imbalances exceeding a 2% tolerance. However, no order is in place for today.

Pacific Gas & Electric extended a systemwide Stage 3high-inventory OFO through at least today, but loosened thetolerance for positive daily imbalances from 1% to 3%. The utilitycontinued to project linepack rising well above its maximum targetlevels through Saturday.

For a change Pacific Gas & Electric had more gas in itssystem than it wanted. The dual utility had a systemwide Stage 3high-inventory OFO with zero tolerance for positive dailyimbalances in effect Monday but did not extend the order intotoday.