Dawn Storage, owned by Union Gas and now an Enbridge Company, is Canada’s largest underground storage facility for natural gas. Dawn storage facilitates balancing requirements at the account checkpoint dates in February and September. Status reports are now available and balancing transactions must be nominated by February 23rd.
It’s important to remember that balancing transactions are interruptible. In addition to February and September checkpoints, customers with their own direct purchase account must also balance to within 4% at contract renewal.
Although Union Gas and Enbridge are essentially now the same company, balancing requirements still differ. Enbridge has just two balancing timelines. The gas account must be within 20 days of the MDV at account renewal and balanced to zero 180 days from the gas account renewal date.
