18 C.F.R. § 284.505 Market-based rates for storage providers without a market-power determination.
Title 18 - Conservation of Power and Water Resources
(a) Any storage service provider seeking market-based rates for storage capacity, pursuant to the authority of section 4(f) of the Natural Gas Act, related to a specific facility put into service after August 8, 2005, may apply for market-based rates by complying with the following requirements: (1) The storage service provider must demonstrate that market-based rates are in the public interest and necessary to encourage the construction of the storage capacity in the area needing storage services; and (2) The storage service provider must provide a means of protecting customers from the potential exercise of market power. (b) Any storage service provider seeking market-based rates for storage capacity pursuant to this section will be presumed by the Commission to have market power.
Title 18: Conservation of Power and Water Resources
PART 284—CERTAIN SALES AND TRANSPORTATION OF NATURAL GAS UNDER THE NATURAL GAS POLICY ACT OF 1978 AND RELATED AUTHORITIES
Subpart M—Applications for Market-Based Rates for Storage
§ 284.505 Market-based rates for storage providers without a market-power determination.
