LDC Supply Portfolio Management During the 2020-21 Winter Heating Season
This Energy Analysis details the critical elements of the 2020-21 winter heating season (WHS) from the perspective of natural gas utility supply portfolio planning. The information in this analysis originates from data collected from AGA member local distribution companies (LDCs) through the AGA LDC Winter Heating Season Performance Survey. The survey questions focus on peak-day and peak-month supply practices, pricing mechanisms, regulatory frameworks, and market hedging practices – acknowledging that each winter heating season may be unique or exceptional in many ways.
This resource deck documents gas delivery system operations of the surveyed local gas utilities during the 2020-2021 winter heating season and helps provide insights into gas supply trends and procurement portfolio management. It represents a snapshot of aggregated supply procurement practices of those companies that participated in this survey. Because of the LDC’s pro-active planning, they can allow for a buffer in case of emergencies and colder-than-normal polar vortex days, through strategies including:
- Filling Storage Inventories Earlier
- Using A Diverse Array of Supply Resources
- Staggering Pricing Mechanisms
AGA would like to thank the members for participating in this important data-collection effort. We tremendously appreciate the time and effort given by all survey respondents throughout the information gathering and validation process.