Mechanism

CAISO, PacifiCorp Agreement to Impact Gas-Fired Power

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.

February 13, 2013

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.

December 24, 2007

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.

December 21, 2007

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.

July 16, 2007

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.

July 13, 2007

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.

April 23, 2007

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.

August 16, 2005

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.

October 25, 1999

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.

October 21, 1999