BSC Simple Guides

List of BSC Simple Guides

(Showing items 11-15 of 30)

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Section J: Party Agents and Qualification under the Code

Section J deals with Party Agents and how BSC Parties, Party Agents and CVA Meter Operator Agents (MOAs) Qualify to participate in the Supplier Volume Allocation (SVA) arrangements of the BSC. Unlike Suppliers and Licensed Distribution System Operators (BSC Parties), Party Agents don’t sign up (Accede) to the full BSC.

The main areas covered in this section are the activities undertaken under the BSC through the use of Party Agents; the responsibility of Parties to ensure that Party Agents perform in accordance with relevant performance levels; the Qualification Requirements which must be met by BSC Parties and Party Agents; and the requirement for BSC Parties to register Party Agents.

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Section K: Classification and Registration of Metering Systems and BM Units

Section K of the BSC deals with the classification and registration of Metering Systems, BM Units and Trading Units. The main issues covered include: identifying the Parties that are responsible for Imports and/or Exports of energy at Boundary Points; registering the Metering Systems that measure Imports and Exports of energy in the names of the Parties responsible for them; registering BM Units and assigning BM Units to Trading Units; registering the Metering Systems at Systems Connection Points in the names of the Parties responsible for them; the approval of Line Loss Factors by the Panel; and the process to be followed in the event that a Supplier Fails.

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Section L: Metering

Section L of the BSC covers the requirements for Metering Equipment; the requirements to install, commission, operate and maintain Metering Equipment for measuring Active Energy and Reactive Energy; and the role of the Technical Assurance Agent (TAA) in relation to Metering Equipment.

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Section M: Credit Cover and Credit Default

Section M covers the provision of Credit Cover by each Trading Party and the consequences in the event that this Credit Cover is insufficient. These consequences are primarily the refusal and rejection of Energy Contract Volume Notifications (ECVNs) and Metered Volume Reallocation Notifications (MVRNs) as provided for in Section P. Consequences of persistent Credit Default are also outlined in Section H.

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Section N: Clearing, Invoicing & Payment

Section N of the BSC details payments to and from Elexon Clear and Payment Parties for Trading Charges and Reconciliation Charges; arrangements for the Funds Administration Agent (FAA) to determine and notify Payment Parties of Trading Charges and Reconciliation Charges; payment procedures for the FAA and Payment Parties to follow; the obligations of Elexon Clear and Payment Parties to make payments for Trading Charges and Reconciliation Charges and the consequences of non-payment; and the basis on which monies and Credit Cover are held by Elexon Clear.

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