Thursday, March 24, 2005
The new market structure has come with a lot of new terminology, and customers have asked for more information on the various types of imbalances.
In Schedule G-BAL, there is a paragraph describing a "Transmission Customer Imbalance." This type of imbalance covers extremely rare circumstances in which there is a difference between a customer's final scheduled volume on the day of flow at the PG&E system Receipt Point and the quantity of gas that was actually delivered at the Receipt Point. Normally, such differences are covered by an Operating Balancing Agreement (OBA) between pipelines. In cases in which an OBA does not cover such a difference, this paragraph in the Schedule defines the process.
For more information on understanding balancing in the new market structure, check out the CGT Business Facts in Library.