Capitalize Consulting developed a new gas balancing platform, offering substantial cost and time savings and greater analytic capabilities for owners/operators.
A quick look at the regulatory framework governing natural gas pipeline transportation and storage in European Union, including ownership, infrastructure, interconnection and expansion.
The Energy Regulatory Authority has designated the Hellenic Gas Transmission System Operator SA as the balancing forecasting party for the Hellenic national natural gas system zone, in compliance with EU Commission Regulation 312/2014 on establishing a Network Code on Gas Balancing of Transmission Networks. According to the regulation, the forecasting party is responsible for forecasting a network user's non-daily metered offtakes and, where appropriate, their subsequent allocation.