LDC Gas Supply Planning During the 2021 – 2022 Winter Heating Season
This analysis outlines the significant outcomes of the 2021-22 winter heating season (WHS) preparation undertaken by natural gas utility supply portfolio planners. The inferences in this analysis originate from data gathered from AGA member local distribution companies (LDCs) through the AGA LDC Winter Heating Season Performance Survey. The survey asks member LDCs a variety of questions focusing on peak-day and peak-month supply practices, pricing mechanisms, regulatory frameworks, and market hedging practices. Although not in the 2021-2022 winter heating season, this survey includes further information on Winter Storm Uri of February 2021, as LDCs have had time to analyze and understand the outcomes of the data collected. Every winter heating season is unique and may require adaptation in hedging strategies and planning for peak day and month.
The attachments on this page are both the October 2023 Presentation and the more expansive Resource Deck. The Resource Deck outlines gas delivery system operations of the surveyed local gas utilities during the 2021-2022 winter heating season and helps to provide context and insights into gas supply trends and procurement portfolio management. The Deck is a snapshot of aggregated supply procurement practices of those companies that participated in this survey. Due to the pro-active planning of LDCs, they can allow for a supply buffer in case of emergencies and colder-than-normal conditions through strategies such as:
- Robust storage inventories earlier in the season
- Robust storage inventories earlier in the season
- Robust storage inventories earlier in the season
- Utilizing an array of supply resources
- Staggering pricing mechanisms
AGA and the Analysis team would like to thank the members who participated for contributing important data to this valuable annual survey. We deeply appreciate the time and effort given by all survey respondents throughout the information-gathering and data-validation process.
The 2022-23 Winter Heating Season Performance Survey is open and active, and we implore members to contribute their data to this valuable data collection process.
- Gas Utility Supply Planning 2021-2022 Winter Heating Season Resource Deck
- Gas Utility Supply Planning 2021-2022 Winter Heating Season Presentation Deck
If you have any questions, please contact Morgan Hoy at mhoy@aga.org.