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Summary of wrappers for the FHS assessment A technical explanation of the methodologyDecember 2023Acknowledgements This methodology has been developed for the Department for Energy Security & Net

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What is role of gas storage?

The role of gas storage is to provide a buffer for the supply and demand of natural gas, allowing for the stabilization of energy prices and ensuring that there is enough gas available during peak consumption seasons.

Who is required to file role of gas storage?

Entities that operate gas storage facilities or those that have contractual obligations related to gas storage are typically required to file the role of gas storage.

How to fill out role of gas storage?

To fill out the role of gas storage, entities must complete the prescribed forms provided by regulatory agencies, detailing their storage capacities, operational data, and any relevant contractual information.

What is the purpose of role of gas storage?

The purpose of the role of gas storage is to ensure reliable gas supply, manage seasonal fluctuations in demand, and enhance the overall efficiency of the natural gas market.

What information must be reported on role of gas storage?

Reported information typically includes storage capacity, injection and withdrawal rates, operating status, and contracts related to storage use.

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