Home > Term: point balancing
point balancing
A process by which the interconnected operators will transfer a quantity greater or less than the confirmed nominations scheduled quantity for various contracts at a point in an attempt to make the total gas received or delivered at the point as close as possible to the scheduled quantity during a specific billing period.
- Part of Speech: noun
- Industry/Domain: Energy
- Category: Natural gas
- Company: AGA
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- JJD
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