Glossary

Changes to BSC Parties and Qualified Persons: October 2020

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

Change of Party details

IPM Energy Trading Limited (Party ID: DPDCOLTD)

This is a notification that IPM Energy Trading Limited has changed its Party name to ENGIE UK Markets Limited as of 22 October.

CVA Qualification and registration

Avid Energy Limited (Party ID: OPAL516

Avid Energy Limited has completed qualification and has registered as a Non-Physical Trader as of 30 October.

Moray Offshore Windfarm (East) Limited (Party ID MOWEL)

Moray Offshore Windfarm (East) Limited has completed qualification and has registered as a Generator as of 29 October.

Crossdykes WF Limited (Party ID: CDWF0620)

Crossdykes WF Limited has completed qualification and has registered as a Generator as of 22 October.

Default of BSC

ARL O09 Limited BSC (Party ID ARLO09)

The Panel noted that the Defaulting Party is in Default under Section H 3.1.1(g)(iv). Section H3.1.1(g)(iv) states that there is a BSC Default where a Defaulting Party has an administrator appointed or a winding-up order made in relation to it.

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:

  1. 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.
  2. 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.
  3. To notify the Defaulting Party and, pursuant to Section H3.2.1(a), each other BSC Party of the Default.

Close monitoring and review the situation concerning the Defaulting Party.

Tonik Energy Limited (Party ID PILO1015)

The BSC 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:

  1. Pursuant to Sections H3.2.1(b), H3.2.2(a) and H3.2.2(b) to:
    (i) 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
    (ii) 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 Period that the Submission Deadline has not passed).
  2. 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.
  3. 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.
  4. 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.
  5. To notify the Defaulting Party and, pursuant to Section H3.2.1(a), each other BSC Party of the Default.

Close monitoring and review regarding the situation concerning the Defaulting Party will be ongoing.

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 Tonik Energy Limited (Party ID: PILO1015).

Scottish Power Energy Retail Ltd will take over supply for these customers with effect from 00:01 tomorrow, Saturday 10 October 2020.

Further information is available on Ofgem’s website.

New market participants 

Windy Rig Wind Farm Limited (Party ID: WINDYRIG)

Windy Rig Wind Farm Limited has acceded to the Balancing and Settlement Code as of 20 October. This Party intends to register in the role of Generator.

Twentyshilling Limited (Party ID: TWENTYSH)

Twentyshilling Limited has acceded to the Balancing and Settlement Code as of 20 October. This Party intends to register in the role of Generator.

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

C A Commodities A/S has acceded to the Balancing and Settlement Code as of 7 October. This Party intends to register in the role of Non Physical Trader.

Aikengall IIA Community Wind Company Limited (Party ID: AIK3CWCL)

Aikengall IIA Community Wind Company Limited has acceded to the Balancing and Settlement Code as 1 October. This Party intends to register in the role of Generator.

New Party novation application

Getec Energie GmbH (Party ID: GEAG)

This is notice of an application to novate all rights and obligations under the BSC of GETEC Energie GmbH (Party ID: GEAG)

From:
GETEC Energie GmbH (company number: HRB 217861 registered in Germany)

To:
Convex Energy GmbH (HRB 196620 registered in Germany)

GETEC Energie GmbH (Party ID: GEAG) is Registered under the BSC as a Non-Physical Trader.

The application will be presented to the Performance Assurance Board (PAB) and Panel at their 24 September 2020 and 8 October 2020 meetings, respectively.

Withdrawal from the BSC

Brook Green Innovations Limited (Party ID: SABER)

This is notification that Brook Green Innovations Limited will withdraw from the Balancing and Settlement Code (BSC) on 12 October 2020 in accordance with section A5.1 of the Code.

Brook Green Innovations Limited was previously entering the Market as a Virtual Lead Party (VLP). Its withdrawal should not affect any other Parties.

Brook Green Innovations Limited has not traded within the last 14 months and has satisfied the criteria as set out in Section A5.1.3 of the BSC to enable it to withdraw.

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