Golden Gate Market Center | Storage Service Program

Pacific Gas and Electric Company's Golden Gate Market Center offers long-term storage, as well as short-term Parking and Lending services. Storage service can be customized to meet each customer's needs, including additional market area supply reliability, price arbitrage opportunities, and operational flexibility.

Contractual Requirements

  • Pacific Gas and Electric Company requires all customers to meet creditworthiness approval. A California Gas Transmission credit application is available in .pdf format as one of our Standard Forms.
  • Storage end-use customers need an executed Natural Gas Service Agreement (NGSA) and a Gas Transmission Service Agreement (GTSA). Marketers need only a GTSA.
  • The GTSA, NGSA (if required), and the necessary transportation and storage exhibits must be submitted before service can be extended.

Program Benefits

  • Protection from involuntary diversion: During an Involuntary Diversion, when gas deliveries to core customers are threatened, gas withdrawn from storage is the last gas diverted to serve core customers
  • As-Available services: Allows withdrawal during the winter and summer and injection during the winter and summer storage season
  • Imbalance trading: Allows flexibility in managing imbalances
  • Inventory transfer: Allows a customer to trade storage inventory balances with other CGT storage customers for added portfolio management and flexibility
  • Hedging: Storage can provide an opportunity to hedge other gas deals and allows customers to minimize risk and lock in prices for natural gas
  • Back-up supply: Customers contemplating getting rid of alternate fuel systems may be able to save money using storage for backup. Benefits could include lower maintenance and elimination of testing backup systems