California’s electricity grid operator and Portland, OR-based PacifiCorp announced Tuesday an agreement to create a real-time market mechanism for improving the dispatching of power — a widespread efficiency improvement in the electric generation sector that could have lasting impact on demand for natural gas throughout the West.
Mechanism
Articles from Mechanism
Decision on LNG-Related Mitigation Costs Upheld
FERC last Thursday on rehearing affirmed an April order in which it declined to establish a mechanism in interstate pipeline tariffs that would provide for recovery of mitigation and repair costs incurred by downstream gas users as a result of the introduction of revaporized liquefied natural gas (LNG) into their systems.
Decision on LNG Mitigation-Related Costs Upheld
FERC Thursday on rehearing affirmed an April order in which it declined to establish a mechanism in interstate pipeline tariffs that would provide for recovery of mitigation and repair costs incurred by downstream gas users as a result of the introduction of revaporized liquefied natural gas (LNG) into their systems.
House Passes Resolution Opposing Gas Cartel
The U.S. House last Wednesday passed a nonbinding resolution opposing efforts by major natural gas exporting countries to form a cartel or other mechanism to manipulate the supply of gas and its price to the world market.
House Passes Resolution Opposing Gas Cartel
The U.S. House late Wednesday passed a nonbinding resolution opposing efforts by major natural gas exporting countries to form a cartel or other mechanism to manipulate the supply of gas and its price to the world market.
FERC Sets Policy on Recovery of LNG-Related Mitigation Costs
In a major policy decision last Thursday, FERC ruled against establishing a mechanism in interstate pipeline tariffs that would provide for recovery of mitigation and repair costs incurred by downstream gas users as a result of the introduction of revaporized liquefied natural gas (LNG) into their systems that meets approved standards for gas quality and interchangeability.
Maryland Regulators Approved Rate Normalization Mechanism for Washington Gas
Washington Gas Light Co. said Monday that Maryland regulators have approved a new rate mechanism to minimize rate and revenue volatility due to changing weather conditions and fluctuating commodity prices. The WGL Holdings utility subsidiary said that it plans to use a revenue normalization adjustment (RNA) for its residential and commercial customers, which account for 40% of the company’s total customer base.
FERC Declares RRM in Dynegy-El Paso Contract Legal
FERC last week clarified that the controversial “rate reductionmechanism” (RRM) in the capacity contract between Dynegy Marketingand Trade and El Paso Natural Gas is “not an unlawful practice orcontract” under the Natural Gas Act. Commissioner William Massey,however, issued a blistering attack not only against the RRM, butthe entire El Paso-Dynegy transaction.
FERC Declares RRM in Dynegy-El Paso Contract Legal
FERC earlier this week clarified that the “rate reductionmechanism” (RRM) in the capacity contract between Dynegy Marketingand Trade and El Paso Natural Gas is “not an unlawful practice orcontract” under the Natural Gas Act. Commissioner William Massey,however, issued a blistering attack against the RRM and the entireEl Paso-Dynegy transaction.