- Industry: Energy
- Number of terms: 18218
- Number of blossaries: 1
- Company Profile:
The American Gas Association represents local energy companies that deliver natural gas throughout the United States.
A decision that is made to determine whether an item should be included in cost of service for establishing rates (above the line) or should not be included (below the line). The "line" referred to is utility net operating income on the income statement. "Above the Line" refers to revenues collected for and costs included in providing utility service.
Industry:Energy
A meter using the static pressure differential between the meter entrance and the throat as a basis for determining volume flowing through the meter.
Industry:Energy
A substance which will absorb heat while vaporizing and whose boiling point and other properties make it useful as a medium for refrigeration. (Chilled water, which by common acceptance is called a refrigerant, does not vaporize). See BRINE.
Industry:Energy
Any compound having more than one bond between two adjacent atoms; usually carbon atoms and capable of adding other atoms at that point to reduce it to a single bond.
Industry:Energy
In a gas exchange between two parties, gas is received from (or delivered to) the first party in exchange for gas delivered to (or received from) the second party. An exchange provides a means for delivering gas supplies to a customer without the necessity of constructing and operating duplicative facilities. Central to the concept of an exchange is mutual benefits to the two parties engaging in the exchange. The transaction must involve reciprocal benefit or the trade of comparable values.
Industry:Energy
Revenues applicable to gas or electricity consumed but not yet billed to the customer because of bimonthly or cycle billing or for other reasons.
Industry:Energy
SMP's involves the direct sale of producer gas that has previously been committed to a pipeline or distribution company. The gas is released by pipeline or another distribution company and the producer sells the released gas to an end-user or distribution company at a price below the original contract price in order to be competitive. Transportation of the gas is typically provided by the releasing pipeline at a rate which contributes to full fixed cost recovery. The FERC intends for the SMP to act as a mechanism for gas producers to make necessary price concessions in order to market their production.
Industry:Energy
The heat required to raise a unit mass of a substance through a degree of temperature difference. Also, the ratio of the thermal capacity of a substance to that of water at 60 degrees F (15.6 degrees C). Interchangeable with "heat capacity" in common usage.
Industry:Energy
A deep well in which to inject waste chemicals, etc., such as a well to dispose of salt brine from the solution mining of salt dome gas storage caverns.
Industry:Energy
