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Natural Gas Storage Dynamics
Data Science and Analytics
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About
This dataset offers a detailed analysis of natural gas storage inventory levels in Canada for January 2016. It provides crucial insights into the supply and demand dynamics of natural gas within the country, serving as a foundational resource for energy market analysis, inventory management, and strategic planning. The data is structured to include key metrics such as storage type, geographical location, and scalar factors, providing a robust basis for understanding natural gas storage dynamics.
Columns
- REF_DATE: The reference date for the data, indicating the month and year of the recorded inventory levels.
- GEO: The geographical location for which the data is recorded.
- DGUID: The Data Guideline Unique Identifier, a unique code used to identify the dataset and its specific version.
- Storage: The type of storage inventory being recorded, such as opening or closing inventory.
- Statistics: The unit of measurement for the storage inventory.
- UOM: The Unit of Measure, indicating the specific unit used for the storage inventory, such as cubic metres or gigajoules.
- UOM_ID: The unique identifier for the Unit of Measure, linking the specific unit to its corresponding code.
- SCALAR_FACTOR: The scalar factor used to adjust the values for better readability, typically "thousands".
- SCALAR_ID: The unique identifier for the scalar factor, linking it to its corresponding code.
- VECTOR: The vector identifier, a unique code used to identify a specific data point within the dataset.
- COORDINATE: The coordinate identifier, used to locate a specific data point within the dataset's structure.
- VALUE: The actual value of the storage inventory, adjusted by the scalar factor.
- STATUS: The status of the data point.
- SYMBOL: The symbol associated with the data point, if any, used to indicate special conditions or notes.
- TERMINATED: A flag indicating whether the data point has been terminated or is still active.
- DECIMALS: The number of decimal places used for the value, ensuring precision in the data.
Distribution
The dataset is provided in CSV format ("natural_gas_storage_inventory_2016_2024.csv") with a file size of 1.15 MB. It contains 16 columns and 7560 valid records. The data is structured with detailed breakdowns of opening and closing inventory levels.
Usage
This dataset is ideal for:
- Energy Market Analysis: Assisting in understanding the supply and demand dynamics of natural gas in Canada, crucial for forecasting and planning.
- Inventory Management: Providing insights into optimal inventory management practices for natural gas storage facilities.
- Regulatory Compliance: Supporting regulatory bodies in monitoring and ensuring compliance with storage capacity and safety standards.
- Environmental Impact Assessment: Evaluating the environmental impact of natural gas storage, including potential leakages or emissions.
- Strategic Planning: Informing strategic planning for energy companies and policymakers by providing a clear snapshot of current storage capacities and trends.
Coverage
The data is specific to Canada, offering national insights into storage capacities and trends. The temporal scope of the data presented for analysis is January 2016, ensuring relevance and accuracy for temporal analysis. While the dataset is time-stamped for January 2016, the underlying data ranges from 2016-01-01 to 2024-09-01, with reference dates also showing ranges from 01/01/2016 to 11/12/2016 and beyond. Data for GEO, DGUID, and Storage has 6 unique values each, while Statistics and UOM have 2 unique values. Scalar factors are consistently "thousands".
License
CC0: Public Domain
Who Can Use It
- Energy Market Analysts: For forecasting supply and demand, and market planning.
- Inventory Managers: To optimise natural gas storage practices.
- Regulatory Bodies: For monitoring compliance with storage and safety standards.
- Environmental Researchers: To assess the environmental impact of storage facilities.
- Policymakers and Energy Companies: For strategic planning and decision-making regarding energy infrastructure.
Dataset Name Suggestions
- Canadian Natural Gas Storage Inventory 2016
- Canada Gas Storage Levels - January 2016
- Natural Gas Storage Dynamics: Canada 2016
- Canadian Energy Storage Snapshot (2016)
Attributes
Original Data Source: Natural Gas Storage Dynamics
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