Equalizing the volumes of energy withdrawn from a system with the volumes of energy input into the system. Typically refers to gas used by a customer versus gas supplied into the system by a marketer.
A key provision of F.E.R.C. Order #636 and local gas companies; it requires shippers to match the volumes injected into the pipeline and the volumes removed from the pipeline, either exactly, or within specified tolerances. The accounting is done on a daily or monthly basis and often involves penalties and cash outs.
A process that compares actual customer gas use with the amount of natural gas delivered to a local distribution company during a special time period (e.g., daily or monthly). The differences (either over or under) between these two amounts are called imbalances.
The process of equalizing a shipper's receipt of gas into a pipeline with withdrawals out of a pipeline system. This can be done daily, monthly or seasonally.
Making deliveries and withdrawals of gas equal; balancing may occur on a daily, monthly or seasonal basis with penalties associated with imbalances
The delivery of gas requires that all parties work together so that gas going into the interstate and local systems matches gas being used. Various parties in different jurisdictions balance physical supply and demand. When buying sales service from the utility, it is not a concern. Marketer-supplied gas must be balanced via adjusting the amount going into the system to match what is being used, net of any storage. In lieu of balancing, "cash out" or the buying or selling of imbalances is done by the utility.
The matching of gas deliveries with actual consumption over a defined time period.
The process of adjusting physical gas takes or deliveries to match the volumes that have been scheduled by the customer. Each day the gas actually taken by a customer will vary from the amount scheduled. A pipeline or distribution company needs to have the ability to manage the differences in volume. [équilibrage
Making gas receipts and deliveries into, or withdrawals from, a pipeline equal. Balancing may be accomplished daily, monthly or seasonally, with penalties generally assessed for excessive imbalances.
Making receipts and deliveries of gas into or withdrawals from a company equal. Balancing may be accomplished daily, monthly or seasonally, with penalties generally assessed for excessive imbalance.