Trellis Energy enables NAESB 3.0 Compliance for natural gas pipelines

San Francisco, CA-based Trellis Energy, a provider of natural gas transaction management solutions, has noted that the latest version of the platform (Trellis 6.0) is the first to become 100% compliant with the North American Energy Standards Board (NAESB) Wholesale Gas Quadrant Standards version 3.0.

All interstate pipelines were to comply with the revised standards beginning on April 1, 2016, but Trellis 6.0 is the first commercially available gas transaction management solution fully compliant with the latest NAESB standards. Initially implemented for a FERC regulated pipeline in the first quarter of 2016, Trellis is now offering the solution as part of the commercially available Trellis platform.

“This is not a trivial change, by any means,” said Rakesh Agarwal, CEO and President, Trellis. “Natural gas pipelines run like a web across the entire country and are governed by complex regulations that differ between states. Adding in an additional nomination cycle has a direct impact and consequence on interconnecting pipeline processes for operators.”

Currently, the Federal Energy Regulatory Commission (FERC) can assess significant fines, which can run into millions of dollars each day if an audit fails. Trellis 6.0 helps pipeline companies easily become compliant with the newest standards and avoid these fines by updating the rules governing the web-based platform. In addition to compliance with NAESB 3.0 standards, Trellis’ 6.0 platform offers:

  • An integrated Information Posting Website: Trellis 6.0 introduces an Informational Posting website unified within the single platform management console. All transactions flow from the platform directly to the NAESB compliant informational posting website.
  • A built-in Electronic Data Interchange (EDI) Platform: Integration with third-party systems and trading partners is made easier with an EDI platform built into the software. Transactions within the system are automatically converted into X12 EDI format. Various data sets, including nominations, confirmations, notices, and capacity release fully support NAESB 3.0 compliance requirements.
  • Additional improvements across various modules such as contracts, nominations, scheduling, and allocations.

 

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Making DDoS Mitigation Part of Your Incident Response Plan: Critical Steps and Best Practices

Like a new virulent strain of flu, the impact of a distributed denial of service (DDoS) attack is...

The Multi-Tax Challenge of Managing Excise Tax and Sales Tax

To be able to accurately calculate multiple tax types, companies must be prepared to continually ...

Operational Analytics in the Power Industry

Cloud computing, smart grids, and other technologies are changing transmission and distribution. ...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...