Tag: System Sell Price (4 items)

How are the System Sell Price and the System Buy Price calculated?

For each half hour trading period one of the ‘cash-out prices or ‘energy imbalance prices’ (System Sell Price and System Buy Price) will be associated with balancing mechanism offers and bids…

What is BMReports.com?

BMReports.com provides near real time and historic data about the balancing mechanism. The website contains information such as the indicative System Buy Price (SBP) and System Sell Price (SSP) for each half hour of trading. Logica is the Service Provider or BSC Agent who has responsibility for the development and maintenance of this facility. ELEXON procures [...]

What is the imbalance settlement process?

The imbalance settlement process settles discrepancies between the amount of electricity that a company has contracted to generate or consume and that which they actually generated or consumed. Due to the nature of electricity, generators may generate more or less energy than they have sold; customers of suppliers may consume more or less energy than [...]

What is the System Sell Price and the System Buy Price?

The System Sell Price (SSP) and the System Buy Price (SBP) are the ‘cash-out’ prices or ‘imbalance prices’ that are used to settle the difference between contracted generation or consumption and the amount that was actually generated or consumed in each half hour trading period. SSP is paid to BSC Trading Parties who have a [...]