Glossary

User Requirement Specifications

List of User Requirement Specifications

(Showing items 6-10 of 11)

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Funds Administration Agent User Requirements Specifications

The Funds Administration Agent is responsible for effecting the transfer of funds between Payment Parties for trades made in the Balancing Mechanism and for imbalance settlement. This document describes the detailed requirements of this service.

This document is produced in conjunction with the FAA Interface Definition and Design document. All requirements within the requirements catalogue have been referenced identifying both the source of the requirements within the FAA Service Description and the interface identification numbers stated within the FAA Interface Definition and Design document.

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Load Flow Model Specification for the Calculation of Nodal Transmission Loss Factors User Requirement Specifications

The LFM Specification contains the requirements, obligations, assumptions and approximations required to be supported by the LFM. The exact mechanism for the derivation of Nodal Transmission Loss Factors (TLFs) by the TLFA is the required function of the LFM.

For the avoidance of doubt, the LFM produces Nodal TLFs and any further data manipulation is carried out by the Transmission Loss Factor Agent. For example, converting the Nodal TLFs into Zonal TLFs and then into BM Unit specific TLFs.

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Non Half Hourly Data Aggregation User Requirements Specifications

This document describes the requirements for a system to aggregate consumption for non half hourly Metering Systems and to pass the results to the SVAA (ISRA) system.

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PARMS System User Requirements Specifications

This document defines the User Requirements for the system used to provide the Performance Assurance Reporting and Monitoring System (PARMS).

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Settlement Administration Agent User Requirements Specifications

The Settlement Administration Agent is responsible for calculating payments resulting from trades in both the Balancing Mechanism and Imbalance Settlement processes. This document describes the detailed requirements of this service which the SAA service must satisfy for all of its various user types. These range from the BSC Parties to BSCCo Ltd and its various agents, including the operators of the SAA itself and the other BSC services.

The Settlement Administration Agent (SAA) is one of the suite of seven services that support the operation of the Balancing and Settlement Code (BSC).The SAA role is critical to the successful operation of the BSC, as it calculates the credit and debit payments resulting both from trades made in the Balancing Mechanism (BM) and from imbalances between contracted and actual generation or consumption.

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