Changes to BSC Parties and Qualified Persons: December 2020

This page lists changes to the status of Balancing and Settlement (BSC) Parties and Qualified Persons in December. It includes information on any new qualifications and registrations, new market participants, withdrawals and defaults.

Change of Party details

E.ON Climate & Renewables UK Humber Wind Limited (Party ID:HMBRWNDL)

E.ON Climate & Renewables UK Humber Wind Limited has changed its Party name to RWE Renewables UK Humber Wind Limited as of 3 December.

CVA Qualification and registration

Crown Gas and Power 2 Limited (Party ID:CROWNGP2)

Crown Gas and Power 2 Limited has successfully completed CVA Qualification and has registered in the role of a Supplier as of 16 December.

CEZ, a.s (Party ID: 45274649)

CEZ, a.s has successfully completed CVA Qualification and has registered in the role of a Non-Physical Trader and Interconnector User as of 15 December.

Erova Energy Limited (Party ID: EROVAIRL)

Erova Energy Limited has successfully completed CVA Qualification and has registered in the role of a Virtual Lead Party as of 2 December.

C A Commodities A/S (Party ID: CACOMAS)

C A Commodities A/S successfully completed CVA Qualification and has registered in the role of Non-Physical Trader as of 1 December.

Gazprom Marketing & Trading Ltd (Party ID: GAZPROM)

Gazprom Marketing & Trading Ltd has successfully completed CVA Qualification and has Registered in the role of Virtual Lead Party as of 1 December.

Default of BSC

iSupply Energy Limited (Party ID: COOP)

The Panel noted that the Defaulting Party is in Default under Section H 3.1.1(g)(vii), namely the Defaulting Party ceases carrying on all of its business and/or publically announces that it has ceased carrying on all of its business.

The Panel considered this matter and, having regard to its objectives under Section B1.2.1 and to its other obligations under the BSC, resolved as follows:

  • Pursuant to Sections H3.2.1(b), H3.2.2(a) and H3.2.2(b) to:
    1. suspend with immediate effect the right of the Defaulting Party to submit(or have submitted on its behalf) Energy Contract Volume Notifications and Metered Volume Reallocation Notifications under Section P of the BSC; and/or
  • Pursuant to Sections H3.2.1(b) and H3.2.2(e), to suspend, subject to approval by the Authority, the right of the Defaulting Party to register any Metering Systems and further register any BM Units.
  • Pursuant to Section H3.2.1(f), to notify the Funds Administration Agent on behalf of the BSC Clearer to treat the Defaulting Party as a Defaulting Party for the purposes of Section N of the BSC.
  • Pursuant to Sections H3.2.1 (b) and H3.2.2 (g), to suspend with immediate effect the right of the Defaulting Party to vote pursuant to Annex B-2 of the BSC.
  • To notify the Defaulting Party and, pursuant to Section H3.2.1(a), each other BSC Party of the Default.

More on this Default

Victory Energy Supply Limited (Party ID: RAYLEIGH)

The Panel noted that the Defaulting Party is in Default under Section H 3.1.1(b)(iii). The Defaulting Party has not paid any amount, which has become due for payment under the Code, in full by the fifth Business Day after the date of BSCCo’s notice.

The Panel considered this matter and, having regard to its objectives under Section B1.2.1 and to its other obligations under the BSC, resolved as follows:

  • Pursuant to Sections H3.2.1(b), H3.2.2(a) and H3.2.2(b) to:
    1. suspend with immediate effect the right of the Defaulting Party to submit (or have submitted on its behalf) Energy Contract Volume Notifications and Metered Volume Reallocation Notifications under Section P of the BSC; and/or
  • Pursuant to Section H3.2.1(b) and H3.2.2(f), to suspend the right of the Defaulting Party to receive reports and data.
  • Pursuant to Section H3.2.1(f), to notify the Funds Administration Agent on behalf of the BSC Clearer to treat the Defaulting Party as a Defaulting Party for the purposes of Section N of the BSC.
  • Pursuant to Sections H3.2.1 (b) and H3.2.2 (g), to suspend with immediate effect the right of the Defaulting Party to vote pursuant to Annex B-2 of the BSC.
  • To notify the Defaulting Party and, pursuant to Section H3.2.1(a), each other BSC Party of the Default.

More on this Default

Daisy Energy Supply Limited (Party ID: DAISY)

The Panel noted that the Defaulting Party is in Default under Section H 3.1.1(g)(vii). The Defaulting Party ceases carrying on all of its business and/or publicly announces that it has ceased carrying on all of its business.

The Panel considered this matter and, having regard to its objectives under Section B1.2.1 and to its other obligations under the BSC, resolved as follows:

  • Pursuant to Sections H3.2.1(b), H3.2.2(a) and H3.2.2(b) to:
    1. suspend with immediate effect the right of the Defaulting Party to submit (or have submitted on its behalf) Energy Contract Volume Notifications and Metered Volume Reallocation Notifications under Section P of the BSC; and/or
    2. disapply (for the purposes of Settlement) with immediate effect all Energy Contract Volume Notifications and Metered Volume Reallocation Notifications submitted by or on behalf of the Defaulting Party (for Settlement Periods that the Submission Deadline has not passed).
  • Pursuant to Section H3.2.1(b) and H3.2.2(f), the day following an appointment of a Supplier of Last Resort, to suspend the right of the Defaulting Party to receive reports and data.
  • Pursuant to Section H3.2.1(f), to notify the Funds Administration Agent on behalf of the BSC Clearer to treat the Defaulting Party as a Defaulting Party for the purposes of Section N of the BSC.
  • Pursuant to Sections H3.2.1 (b) and H3.2.2 (g), to suspend with immediate effect the right of the Defaulting Party to vote pursuant to Annex B-2 of the BSC.
  • To notify the Defaulting Party and, pursuant to Section H3.2.1(a), each other BSC Party of the Default.

More on this Default

Supplier of Last Resort

Scottish Power Energy Retail Ltd (Party ID: SPSUP01) has been appointed as the Supplier of Last Resort for the customers of Daisy Energy Supply Limited (Party ID: DAISY).

Scottish Power Energy Retail Ltd (Party ID: SPSUP01) will take over supply for these customers with effect from 00:01 tomorrow, Sunday 6 December 2020.

Further information is available on Ofgem’s website.

New market participants

Fluid Power Ltd (Party ID: FLUID)

Fluid Power Ltd has acceded to the Balancing and Settlement Code as of 11 December. This Party intends to register in the role of a Non-Physical Trader.

Bhlaraidh Wind Farm Limited (Party ID: BHLAW)

Bhlaraidh Wind Farm Limited has acceded to the Balancing and Settlement Code as of 1 December. This Party intends to register in the role of a Generator.

SSE Thermal Generation (Scotland) Limited (Party ID: SSETGSL

SSE Thermal Generation (Scotland) Limited has acceded to the Balancing and Settlement Code as of 1 December. This Party intends to register in the role of a Generator.

SSE Renewables Wind Farms (UK) Limited (Party ID: SSERWFL

SSE Renewables Wind Farms (UK) Limited has acceded to the Balancing and Settlement Code as of 1 December. This Party intends to register in the role of a Generator.

Strathy Wind Farm Limited (Party ID: STRTHWFL)

Strathy Wind Farm Limited has acceded to the Balancing and Settlement Code as of 1 December. This Party intends to register in the role of a Generator.

Party Novation application 

Party ID: COMCOM

This is notice of the successful novation of all rights and obligations under the BSC of Party ID: COMCOM.

From:

COMCOM Ltd (company number: 10160827)

To:

COMCOM Trading d.o.o (company number: 8633118000)

COMCOM Trading d.o.o is Registered under the BSC as a Non-Physical Trader.

The application was presented to the Performance Assurance Board (PAB) and Panel at their 24 September 2020 and 08 October 2020 meetings, respectively. The date of novation is 31 December 2020.

Withdrawal from the BSC

Currently None

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