Glossary Term: Balancing and Settlement Code
Acronym: BSC
The Legal document setting out the rules for the operation and governance of the Balancing Mechanism and Imbalance Settlement.
BSC defined definition
The Legal document setting out the rules for the operation and governance of the Balancing Mechanism and Imbalance Settlement. All licensed electricity generators and suppliers must sign up to the BSC and other interested parties may also choose to do so.