Formation of the North American Energy Standards Board

摘要

Anyone working in the control room or gas purchasing operations of a gas utility has heard of the Gas Industry Standards Board ('GISB'). GISB has been in operation since 1994, and the influence of GISB has altered the Gas Day, changed the procedures for shipping gas by pipeline, changed number of and timing of nomination and confirmation periods per day several times, changed the methods of obtaining information about pipeline shipments, and had a few other impacts in the gas distribution business. Not everyone realizes that GISB's standards are actually voluntary, but if adopted by FERC, these standards become the required method of doing things involving gas shipments in the wholesale market by interstate pipelines. On January 1, 2002, GISB became NAESB, the North American Energy Standards Board. In today's discussion, I'll briefly explain why, what led to this, what this means for NAESB, and what impact this has on gas utility operations in the near term.