Actual annual contract quantity
The amount of gas a buyer physically takes delivery of during a Contract Year under a long term supply contract. May be measured in same units as ACQ, or expressed as a percentage of ACQ.
Adsorbed natural gas technology
Adsorbed Natural Gas (ANG) Technology enables the efficient storage Natural Gas. Adsorption is the adhesion of molecules of liquids, gases, and dissolved substances to the surface of a solid. The ability of a solid to adsorb depends on the chemical makeup of the solid and its physical structure. Activated charcoal, for example, has a very large surface …
Aggregate; Aggregation; Load aggregation (electricity)
This term typically refers to the act of establishing and/or managing a large group (aggregate) of energy consumers who join together to leverage their combined purchasing power when soliciting bids from energy suppliers or negotiating rates for services.
Aggregation (natural gas)
The process by which several smaller gas customers are grouped together under a supplier to meet the minimum consumption requirement
Aggregator
An independent corporation that buys natural gas from many producers, re-sells it to buyers, and obtains the necessary pipeline transportation capacity and removal/export permits and licenses. Aggregators usually sell to buyers that individually require large amounts of natural gas, such as local distribution companies and large industrial customers. (2) Any entity, such as a marketer, broker, …
Alternative fuels
Could mean either alternative to petroleum or usually refers to alternative to fossil fuels or renewable energy
Alternative fuels incentives
More and more governments are offering producers and consumers incentives in the form of tax relief and premiums. Incentives or proposed incentives include production tax credit for investments in wind energy, biomass, hydropower, and geothermal power generation facilities; investment credit for businesses that install solar or fuel cell equipment; tax credits for homeowners who install …
Alternative investment market
The second tier or junior market established by the London Stock Exchange in 1995 to provide trading facilities in the shares of smaller companies
Acoustic logs; Sonic logs; Acoustic log report
Records sound waves through the rocks and indicates the rock’s porosity. Acoustic is pertaining to sound. A record of the measurement of porosity done by comparing depth to the time it takes for a sonic impulse to travel through a given length of formation. The rate of travel of the sound wave through a rock …
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Actual flow tariff
An element in a two-part pricing method used in transactions that include a capacity and an energy charge element. The actual flow or energy charge tariff is calculated based on the amount of natural gas actually flowing in the system as opposed to the capacity being purchased in advanced. INGL’s tariff, for example, is made …