Pacific Gas & Electric, projecting above-target linepacktoday through Sunday, issued a customer-specific OFO effectivetoday until further notice.
Articles from Projecting
The Energy Information Administration said in its SeptemberShort Term Energy Outlook it is projecting natural gas prices atthe wellhead will increase by about 87% this winter (October-March)compared to last winter. Residential prices for gas are expected torise on average by 27% compared to last year. For the entire year,the average wellhead price for natural gas is projected to be$3.40/Mcf, the highest annual wellhead price on record (ininflation-adjusted terms, it would be the highest annual averageprice since 1985).
After having a customer-specific OFO in effect for Wednesdayonly, Pacific Gas & Electric issued a new customer-specific OFOfor Saturday and was projecting above-target linepack Saturdaythrough today. An unplanned outage prompted Transwestern toallocate San Juan Lateral volumes for the Intraday 1 cycle Friday,affecting 18 points.
Despite projecting linepack within its operating limits targetrange, Pacific Gas & Electric extended a high-inventory OFO (seeDaily GPI, March 15 and March 16) into its third day today butloosened the tolerance for positive imbalances slightly from 1% to2%. The utility expects linepack to exceed its upper limit targetagain Saturday.
The Energy Information Administration released its Annual EnergyOutlook 1999 (AEO99) last week, projecting gas demand will grow byabout 50% to 33.17 Tcf by 2020 from 1997 levels of 22.59 Tcf, whichis a 1.7% average annual increase.
The Energy Information Administration released its Annual EnergyOutlook 1999 (AEO99) yesterday, projecting gas demand will grow byabout 50% to 33.17 Tcf by 2020 from 1997 levels of 22.59 Tcf, whichis a 1.7% average annual increase. Total energy demand is projectedto grow 1.1%/year to 119.9 quadrillion Btu by 2020 from 94 quads in1997.