Roles and Parties within the electricity industry
The electricity market in Great Britain is regulated by the Gas and Electricity Markets Authority, operating through the Office of Gas and Electricity Markets (Ofgem). Ofgem’s role is to protect the interest of consumers by promoting competition where appropriate. Ofgem issues companies with licences to carry out activities in the electricity sector, sets the levels of return which the monopoly networks companies can make, and decides on changes to market rules.
Once a company has acceded to the electricity market using the Market Entry process they will want to understand more about the operational and compliance aspects of being in the market.
On this page
Party and Party Agent roles
- Energy Contract Volume Notification Agent (ECVNA)
- Metered Volume Reallocation Notification Agent (MVRNA)
- Interconnector Administrator / Interconnector Error Administrator
- Interconnector User
- Non Physical Trader (NPT)
- Virtual Lead Party (VLP)
SVA Party Agent roles
- Central Volume Allocation Meter Operator Agent (CVAMOA)
- Data Aggregator (Half Hourly and Non Half Hourly)
- Data Collector (Half Hourly and Non Half Hourly)
- Meter Administrator
- Meter Operator (Half Hourly and Non Half Hourly)
- Supplier Meter Registration Agent (SMRA)
- Unmetered Supplies Operator (UMSO)
BSC changes by role
There are pages that list all of the industry roles that have been identified as being impacted by BSC Change Modifications and Change Proposals. Please note that the assessment of where impacts may affect certain roles within the electricity market may be amended during the course of the Change process.