When
Event Type
Join us online on July 29 for an EUCI workshop covering ‘Best Practices for Natural Gas Management | From Forecasting, Procurement and Scheduling to Settlements Validation and Month-End Closing’.
This 1-day workshop teaches the best practices for managing the full lifecycle for natural gas transactions – from the original demand forecast through procurement, transportation, nominations, actual flow, imbalance resolution, settlement validation, invoice approval, and month-end accounting. The session begins with forecasting gas demand, then follows the transaction through procurement, trade capture, contract and credit validation, pipeline transportation, nominations, meter actuals, imbalance management, risk monitoring, delivered cost analysis, settlement validation, invoice approval, accounting, cash application, and reporting.
The workshop shows how your front-office, scheduling, middle-office, back-office, and accounting teams should work together to minimize both commodity and pipeline costs for procuring natural gas for your gas assets. Throughout the workshop, attendees will follow a sample gas supply requirement for a generating asset, including forecasted burn, baseload supply, day-ahead procurement, intraday changes, pipeline nominations, meter actuals, imbalance review, delivered cost, commodity settlement, transportation settlement, and final invoice approval. The workshop emphasizes the importance of clean handoffs, accurate data, daily controls, settlement readiness, and auditability across the full forecast-to-cash process.
PCI Instructors
Kevin Cox
Solutions Director


