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Credit Default

A Trading Party may enter Credit Default if its Credit Cover Percentage exceeds thresholds specified in the BSC.

Credit Default Notices are published by the Energy Contract Volume Aggregation Agent (ECVAA) on the Balancing Mechanism Reporting Service (BMRS) www.bmreports.com

We need your help

We need contact details from BSC Parties to resolve operational issues efficiently. Click here to update the contact details for a Credit Default.

Upheld Disputes

If a Party raises a Dispute regarding a Level 1 or Level 2 Credit Default statement and this Dispute is upheld, details will be published on this page.

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