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Entering the Market

This section of the website provides you with the information and guidance required to enter the BSC trading arrangements.

Do I have to become a BSC Party?

Some companies may have to become a BSC Party because it is a condition within their Ofgem Licence, other companies who wish to trade within the BSC arrangements may also have to do so.

Where do I start?

  • If you're new to the industry we strongly recommend that you read PDF Electricity Trading Arrangements: A Beginners Guide (582Kb)
  • The next step is to establish the type of BSC Party you intend to become. (e.g. Supplier, Generator, Trader) Use the PDF market role guide (233Kb) for a description of each party role
  • The Market Entry process diagrams below take you through the market entry requirements step by step as they apply to each party role. Each diagram will link you to the relevant forms and documents that you will need to enter the market.

If you are a Supplier or a Licensed Distribution System Operator (LDSO) you will find the SVA Qualification page useful.
Non – Physical Trader
Supplier
Generator
Interconnector User
ECVNA & MVRNA
CVA MOA
LDSO

What support can ELEXON offer me through the process?

We are committed to ensuring that our market entry processes do not create a barrier to entering the market. As well as providing new entrants with detailed guidance documents on the market entry requirements we also offer the following services:

  • Initial Market entry meeting (Chargeable for some companies)
  • BSC service Desk 24 hr support

If you are interested in booking a market entry meeting please complete and submit the Word Market Entry Meeting Request Form (53Kb) .

The market entry process models above will help you to manage yourself through the market entry processes. Take a look at our FAQ section where we have answered some of the frequently asked Market Entry questions. If you have any questions about the market entry process along the way you can contact our 24 hour BSC Service Desk on 0870 010 6950 and a member of the Market Entry Team will contact you to discuss your query.

Meet the Market Entry Team

Emma McKiernan, Customer Support Consultant and Ed Morris, Customer Support Analyst

Emma McKiernan, Customer Support Consultant and Ed Morris, Customer Support Analyst

Relevant BSC Sections & BSCPs

Below are a list of BSC Sections & BSCPs that are most relevant to the market entry process, for a complete list of BSCPs and the BSC Sections please refer to the BSC and Related Documents section.

Notify me when a document is added/updated to this table Notify me when a document is added/updated to this table
Title Documents to add to basket Notifying of updated documents
PDFBSC Section A - Parties and Participation
PDFBSC Section J - 'Party Agents and Qualification Under the Code'
PDFBSC Section O - Communications Under the Code
PDFBSCP15 - BM Unit Registration
PDFBSCP20 - Registration of Metering Systems for Central Volume Allocation
PDFBSCP31 - Registration of Trading Units
PDFBSCP38 - Authorisations
PDFBSCP65 - Registration of Parties and Exit Procedures
PDFBSCP70 - CVA Qualification Testing for Parties and Party Agents
PDFBSCP515 - Licensed Distribution
PDFBSCP537 – 'Qualification Process for SVA Parties, SVA Party Agents and CVA Meter Operators'

Relevant Guidance & Market Entry forms (non-BSCP)

Below is a list of guidance notes and useful documents that may support your understanding through the market entry process. This list also includes the market forms that are not contained within the BSCPs. For a comprehensive list of all ELEXON guidance please refer to the Help & Guidance section.

Title
Electricity Trading Arrangements: A Beginners Guide (582Kb)
Accession Form (52Kb)
BSC Accession Agreement (46Kb)
WebpageHigh Grade/Low Grade Order Form
Cancellation of High Grade Service/Low Grade Service (103Kb)
BSCP38 Directors Letter Template (52Kb)
BSC Section D Charges Calculator (30Kb)
Participant Test Service Booking Form (82Kb)
Schedule of Specified Communication Charges (147Kb)
Participant Communications Overview Guide (413Kb)
New Entrant FTP Test Procedures (37Kb)
A New Participant’s Guide to CVA Qualification (135Kb)
CVA Data Catalogue (55Kb)
Communications Requirements Document (105Kb)
BSC Participant Test Service User Guide (293Kb)
Overview of BSC Annual Cost Recovery (52Kb)
Energy Contract Volume Notification and Metered Volume Reallocation Notification (129Kb)
ECVAA Web Service Information Sheet (550Kb)
How to complete the Funds Accession Form (146Kb)
What are BSC Funding Shares? (289Kb)
An Overview of Market Entry: SVA Qualification (73Kb)
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