BSC Simple Guides

List of BSC Simple Guides

(Showing items 6-10 of 30)

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Section D: BSC Cost Recovery and Participation Charges

Section D outlines the recovery by Elexon through BSCCo Charges of BSC Costs, which are the costs that Elexon incurs in operating the trading arrangements. Elexon’s costs and the contracted costs of BSC Agents are paid for by BSC Parties as described in Section D of the BSC. The amount each BSC Party pays (Funding Shares) depends on their market role and the volume of energy they generate, supply or trade. Funding Share data by month can be found on the Elexon Portal.

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Section E: BSC Agents

Section E sets out requirements that certain services must be provided by BSC Agents; the role of Elexon in contracting with BSC Agents; provisions relating to the relationship between Elexon, Parties and BSC Agents; and provisions relating to the BSC Services Manager. The BSC requires us to ensure the services specified in BSC Service Descriptions are always delivered.

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Section F: Modification Procedures

Section F sets out the rules and procedures for modifying the Balancing and Settlement Code (BSC, the Code). This includes procedures for proposing, consulting on, developing, evaluating and reporting to the Authority on potential modifications. Section F also sets out rules and procedures for the creation and modification of Code Subsidiary Documents (CSDs) and provisions relating to change coordination and Information System (IS) Policies.

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Section G: Contingencies

Section G of the BSC sets out what happens in certain contingency situations and cross-references Contingency Provisions set out elsewhere in the BSC. The contingencies covered are certain emergencies and unexpected or unusual events, and include: failure of the Energy Contract Volume Aggregation Agent (ECVAA) to receive contract notifications (Section P); manifest errors in the submission or acceptance of Bids and Offers (Section Q); the inability of the NETSO to receive Physical Notifications (Section Q); Black Start Periods (Section G); and the exercise of certain emergency powers for civil emergencies and fuel security by the Secretary of State (Section G).

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Section H: General

Section H sets out arrangements for the initial establishment of Code Subsidiary Documents; the relationship of the BSC with other documents; arrangements that applied to the commencement of trading under the BSC; arrangements covering Default under the BSC; the ownership, use and disclosure of data; audit provisions in the BSC; the limitation of liability of Parties under the BSC; arrangements for the resolution of disputes; and the legal and contractual relationship between Parties.

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