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Oil, Gas, And Fracking News Reads: 20December 2020


The natural gas storage report from the EIA for the week ending December 11th indicated that the quantity of natural gas held in underground storage in the US had decreased by 122 billion cubic feet to 3,726 billion cubic feet by the end of the week, which left our gas supplies 284 billion cubic feet, or still 8.3% higher than the 3,442 billion cubic feet that were in storage on December 11th of last year, and 243 billion cubic feet, or 7.0% above the five-year average of 3,483 billion cubic feet of natural gas that have been in storage as of the 11th of December in recent years..the 122 billion cubic feet that were drawn out of US natural gas storage this week was less than the average forecast from an S&P Global Platts survey of analysts who had expected a 127 billion cubic foot withdrawal, but was higher than the average withdrawal of 105 billion cubic feet of natural gas that have typically been pulled out of natural gas storage during the same week over the past 5 years, and ....

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The Utility Planning and Investment Cycle | Womble Bond Dickinson


This article is based on 
Belton Zeigler’s presentation to E4 Carolinas South Carolina Energy CLE on Dec. 18, 2020.
The utility planning and investment cycle begins with planning to comply with Federal reliability standards, proceeds through Integrated Resource Planning reviews at the Commission level, then results in Siting Act proceedings to certificate the construction of new facilities. The utility’s investment in the new facilities is recovered through rate proceedings that follow the commencement or completion of construction.
1. Federal Reliability Standards
Electric utility reliability requirements are established and enforced by the National Electric Reliability Council (“NERC”) under Section 1211(a) of the Energy Policy Act of 1995. ....

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Steps of the Utility Planning and Investment Cycle


Friday, December 18, 2020
Belton Zeigler’s presentation to E4 Carolinas South Carolina Energy CLE on Dec. 18, 2020.
The utility planning and investment cycle begins with planning to comply with Federal reliability standards, proceeds through Integrated Resource Planning reviews at the Commission level, then results in Siting Act proceedings to certificate the construction of new facilities. The utility’s investment in the new facilities is recovered through rate proceedings that follow the commencement or completion of construction.
1. Federal Reliability Standards
Electric utility reliability requirements are established and enforced by the National Electric Reliability Council (“NERC”) under Section 1211(a) of the Energy Policy Act of 1995. ....

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