Glossary

Changes to BSC Parties and Qualified Persons: June 2023

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

Change of Party details

Mitsui Bussan Commodities Ltd

Mitsui Bussan Commodities Ltd [Party ID: MBCL2022] [ Agent ID: MBCLPA] has changed its Party registered address as follows:

  • Address: 5 Paternoster Square, 1st Floor, Warwick Court, London, EC4M 7DX

Paddington Power Limited

Paddington Power Limited[Party ID: PADDINGT] has changed its Party name as follows:

  • Party name: Fuse Energy Supply Limited

CVA Qualification and registration

Inductive Energy A/S

Inductive Energy A/S [Party ID: INDUCTIV] has successfully completed CVA Qualification and has registered in the role of Non Physical Trader as of 01 June.

National Grid Viking Link Ltd

National Grid Viking Link Ltd[Party ID: NGVLL] has successfully completed CVA Qualification and has registered in the role of Interconnector Error Administrator and Interconnector Administrator as of 01 June.

Cubex Energy Ltd

Cubex Energy Ltd [Party ID: CUBEX] has successfully completed CVA Qualification and has registered in the role of Non Physical Trader as of 07 June.

THN Capital AG

THN Capital AG [Party ID: THNCAPIT] has successfully completed CVA Qualification and has registered in the role of Non Physical Trader as of 09 June.

Green.ai ApS

Green.ai ApS [Party ID: GREENAI] has successfully completed CVA Qualification and has registered in the role of Non Physical Trader as of 16 June.

Constellation Generation Limited

Constellation Generation Limited [Party ID: EXGENLIM] has successfully completed CVA Qualification and has registered in the role of Interconnector User as of 21 June.

Default of BSC

Maryland Energy Limited – Party ID: MARY

Default of BSC: Late Payment – Multiple BSC Parties

The BSC Panel monitors the payment performance of BSC Parties and where Parties do not pay their BSC Invoices by the due date on three or more occasions within a 12-month period (even though they have since paid their debt), the Party will be considered in Default under BSC Section H 3.1.1(b)(iii)(B).

On 8 June 2023, the BSC Panel agreed a Resolution to notify other BSC Parties of this Default.

The table below outlines the Parties in breach:

Company

BSC Party Id

Number of breaches in rolling 12-month period

Esso Petroleum Company Limited

EPC01

3

Flow Energy Limited

CIRCUIT

3

Thanet Offshore Wind Ltd

TOW

3

De-registration

Currently none

New market participants

FLUXSMART LIMITED

FLUXSMART LIMITED [Party ID: FLXSMART] has acceded to the Balancing and Settlement Code as of 01 June. This Party intends to register in the role of Non-Physical Trader.

Trafigura Denmark ApS

Trafigura Denmark ApS [Party ID: TRAFDK23] has acceded to the Balancing and Settlement Code as of 01 June. This Party intends to register in the role of Interconnector User and Non-Physical Trader.

Trisolaris AG

Trisolaris AG [Party ID: TRISOLAR] has acceded to the Balancing and Settlement Code as of 01 June. This Party intends to register in the role of Non-Physical Trader.

Exxon Mobil Gas Marketing Europe LTD

Exxon Mobil Gas Marketing Europe LTD [Party ID: EM123] has acceded to the Balancing and Settlement Code as of 14 June. This Party intends to register in the role of Interconnector User and Non-Physical Trader.

Burwell 11 Solar Ltd

Exxon Mobil Gas Marketing Europe LTD [Party ID: BREACHS1] has acceded to the Balancing and Settlement Code as of 27 June. This Party intends to register in the role of Generator.

Party Novation application

Currently none

Surrender of Qualification

Currently None

SVA Qualification

Currently none

Withdrawal from the BSC

Currently none

My BSC

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