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Natural gas market and underground gas storage

Peak-shaving demand of China''s natural gas supply is clarified. • Status, direction, difficulties, and challenges of underground gas storage are discussed in

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State of the Markets

This section summarizes key fundamentals and developments in the natural gas and electricity markets. For natural gas, the section discusses the natural gas prices at market hubs, production levels across conventional and shale basins, and demand by sector. This section also covers natural gas storage, imports and exports, and trading. For

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LNG Regulatory Documents | PHMSA

FERC is responsible for authorizing the siting and construction of onshore and near-shore LNG import or export facilities under Section 3 of the Natural Gas Act. Additionally, FERC inspects peak-shaving, LNG satellite, and vehicular fuel LNG plants connected to the interstate gas transmission system. The Commission, under Section 7 of the

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A novel conceptual design of LNG-sourced natural gas peak

As the demand for natural gas grows fast, efficient peak-shaving technology is of great necessity, especially in areas where natural gas resources are scarce. This paper aims to present a novel natural gas peak-shaving process with gas hydrates as the medium to address the imbalance between supply and demand in

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(PDF) Natural Gas Pipeline Regulation in the United States: Past

We review the economic benefits and external costs of unconventional gas production (UCG) in the United States from a policy perspective. Based on an overview of state regulation in Pennsylvania, a state that has witnessed very rapid growth of gas production over the past 5 years, and global experiences we present 10 key principles that are

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API Publishes Two Updated Standards for Underground Natural

The standard applies to natural gas storage in depleted natural gas and oil reservoirs as well as aquifer reservoirs. The second edition of RP 1170 incorporates

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Policy and economic comparison of natural gas

Energy Storage Science and Technology ›› 2021, Vol. 10 ›› Issue (6): 2392-2402. doi: 10.19799/j.cnki.2095-4239.2021.0263 • Technical Economic Analysis of Energy Storage • Previous Articles Next Articles Policy and

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Research on the Construction Scale of China''s Natural Gas

After 2030, the pattern of peak shaving and strategic reserve of gas storage in the western and northeast import channel areas will be formed, the peak shaving and strategic reserve of gas storage will reach 70–75 bcm, and the working gas volume of gas storage will account for more than 16% of natural gas consumption.

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Key problems of gas‐fired power plants participating in peak load

The peak regulation capacity of gas-fired power plants has always been an important flexibility resource of the power grid. Under the guidance of carbon emission reduction, the coal power units are gradually shut down, making the role of gas-fired power plants more important.

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Underground Gas Storage Regulations

All state agencies that propose major regulations must complete a Standardized Regulatory Impact Assessment (SRIA) as described in Government Code section 11346.36 and California Code of Regulations title 1, sections 2000 through 2004. For the purposes of the SRIA, a major regulation is one that will result in either total costs or benefits of

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Peak regulation performance study of the gas turbine combined

Finally, using a heating characteristic day as an example, the peak regulation performance and natural gas consumption changes of the GTCC-based CHP system are analysed. The results indicate that the GT interstage extraction gas method helps to expand the heat and power operation regions of the GTCC-based CHP system

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An overview of underground energy storage in porous media and

The multilevel natural gas storage and peak regulation system aims at the establishment of UGS and coastal liquefied natural gas (LNG) receiving stations as the main work. it needs to increase the consumption capacity of renewable energy through underground energy storage systems and improve the policy support for technology

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Simulation and analysis of a peak regulation gas power plant

Flexible gas power plants are subject to energy storage, peak regulations, and greenhouse gas emissions. This study proposes an integrated power generation

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The Basics of Underground Natural Gas Storage

Natural gas–a colorless, odorless, gaseous hydrocarbon–may be stored in a number of different ways. It is most commonly held in inventory underground under pressure in three types of facilities. These

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Underground Natural Gas Storage | PHMSA

Pipeline and Hazardous Materials Safety Administration. 1200 NEW JERSEY AVENUE, SE. WASHINGTON, DC 20590. 202-366-4433. HAZMAT Registration Help Desk: 202-366-4109. Hazardous Materials Information Center: 1-800-467-4922. Office of Pipeline Safety Hotline: 202-366-4595 or [email protected]. Pipeline Safety Concerns or

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Natural Gas Storage | Federal Energy Regulatory Commission

The underground storage of natural gas has historically been critical in assuring that overall demands and use of specific requirements of natural gas customers are met. The Energy Policy Act of 2005 added a new § 4(f) to the Natural Gas Act,

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Gas storage

The 90% target of filling gas storage for 2023 was reached already on 18 August 2023, roughly 2.5 months ahead of the deadline. By 1 November 2023, the EU gas storage reached 99%, recording more than 100 bcm in stock at the beginning of the winter. On 1 April 2024, storage levels were at 59% - a record for the close of the winter season.

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Policy and legal frameworks for underground natural gas storage

Policy. Iranian legal framework. Gas supply. 1. Introduction. Natural gas fulfills almost 24% of the world''s primary energy demand. One of the world''s largest natural gas reserves is located in Iran, so the country is highly dependent on natural gas, from which 71% of the nation''s required energy was generated in 2021.

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Policy and economic comparison of natural gas power

Energy Storage Science and Technology ›› 2021, Vol. 10 ›› Issue (6): 2392-2402. doi: 10.19799/j.cnki.2095-4239.2021.0263 • Technical Economic Analysis of Energy Storage • Previous Articles Next Articles Policy and economic comparison of natural gas power generation and battery energy storage in peak regulation

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Analysis of China''s Peak Shaving and Natural Gas Storage Systems

Natural gas security is one of the core components of energy security, and is an important component part of national security. Experience in many nations has shown that the establishment of a robust natural gas storage and peak shaving system is an effective means to address short-term and mid-term natural gas supply halts and to

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Ensuring Safe and Reliable Underground Natural Gas Storage

ensure the safe storage of natural gas, and with the support of Congress, the Department of Energy (DOE) and the Department of Transportation''s (DOT ) Pipeline and Hazardous

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Journal of Natural Gas Science and Engineering

Currently, the most three effective ways for peak shaving regulation are underground gas storage (UGS), liquefied natural gas (LNG), and gas field peak shaving (Ma et al., 2020). In terms of the UGS, it takes the advantages of large storage capacity, less affected by climate, high safety, and high reliability.

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» The History of Regulation NaturalGas

Regulation of the natural gas industry in the United States has historically been a tumultuous ride, resulting in dramatic changes in the industry over the past 30 or more years. The Natural Gas Policy Act of 1978. In November of 1978, at the peak of the natural gas supply shortages, Congress enacted legislation known as the Natural Gas

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Journal of Natural Gas Science and Engineering

Currently, the most three effective ways for peak shaving regulation are underground gas storage (UGS), liquefied natural gas (LNG), and gas field peak

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Underground Natural Gas Working Storage Capacity

The first metric—demonstrated peak capacity—rose 3% by 124 billion cubic feet (Bcf) in 2023, reflecting the increased use of natural gas storage due to market conditions. The second metric—working gas design capacity—fell close to 0.0%, or 3 Bcf, in 2023. Underground natural gas storage capacity continues to play an important role in

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Natural gas market and underground gas storage

The typical peak load regulating measures of natural gas include underground gas storage (UGS), liquefied natural gas (LNG) receiving station and gas field adjustment [34,35]. Among them, the anti-risk ability of the LNG receiving station adjustment is weak, since numerous external factors affect the operation, such as supply

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Multi-period optimal infrastructure planning of natural gas

The results show that compared with the annual scale, the half-year scale can better consider the peak regulation effect of gas storage, and the utilization rate of

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Natural gas market and underground gas storage

Underground gas storage (UGS) is efficient in large-scale natural gas storage and peak regulation. However, UGS operation based on gas-condensate reservoirs are challenging due to complicated phase behavior and multi-phase flow considering trapped condensate.

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Policy and economic comparison of natural gas power generation and battery energy storage in peak regulation Huan ZHU 1 (), Guojing Zhenhua YU. Policy and economic comparison of natural gas power generation and battery energy storage in peak regulation[J]. Energy Storage Science and Technology, 2021, 10(6): 2392-2402.

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Fact Sheet: Ensuring Safe and Reliable Underground Natural Gas

PHMSA plans to issue interim regulations regarding underground natural gas storage in the coming months, incorporating API Recommended Practices 1170 and 1171. The API

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Implications of the European gas market for the long‐term

With considering the gas storage capacity of storage tanks in coastal liquefied natural gas (LNG) terminals, the comprehensive peak-shaving capacity of China accounts for about 6.4% of its total consumption, which is far from 15% to 20% of that in Europe and the United States. 14 Relevant research showed that the proportion of natural gas in

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Natural Gas Industry Forms

A report by an interstate natural gas pipeline of serious interruptions of service to any wholesale customer involving facilities operated under certificate authorization from FERC. A natural gas pipeline company making a report of a service interruption pursuant to section 260.9 of the Commission''s regulations may fax its report to 202-208-2853.

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Underground Natural Gas Storage

There are 12 underground natural gas storage fields in the state. Underground gas storage regulations require that gas storage wells are constructed to ensure that there is no single point of failure and that injected gas is confined to the approved storage reservoir. Current UGS regulations mandate that underground gas storage operators create

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Natural gas market and underground gas storage

By the end of 2022, the peak regulation capacity of underground gas storage in China had reached 16.4 billion m 3, accounting for 62% of the domestic natural gas storage capacity [10, 11].

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Analysis of China''s Peak Shaving and Natural Gas

Thus, advantages of different methods of peak regulation for natural gas should be taken to better participate in power system peak regulation [100, 101]. In summary, the processes of gas

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About natural gas storage peak regulation policy

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