Change

P454 would remove the existing requirement within BSC Section V ‘Reporting’ for the Balancing Mechanism Reporting Agent (BMRA) to provide BMR Service (BMRS) data via the legacy High Grade Service, otherwise referred to as the TIBCO service.

This Modification is required to correct an error in the approved legal drafting for P415. This Proposal will ensure that Credit Cover requirements for Virtual Trading Parties (VTPs) correctly take into account the energy volumes (‘Deviation Volumes’) that VTPs trade in wholesale markets, which was the intention of the P415 Workgroup.

P451 seeks to facilitate the implementation of NGESO’s new approach to Black Start, termed System Restoration. In doing so, it proposes to update all BSC references to “Black Start” to “System Restoration”, and enable contracted Restoration Service Providers who are non-BSC parties to claim BSC Black Start compensation.

P442 seeks to allow correct reporting of chargeable volumes to the Electricity Market Reform (EMR) Settlement Services Provider (SSP) for Supplier Volume Allocation (SVA) Metering Systems that record both exempt supply and licensed supply through the addition of a new Party Agent role, the Exempt Supply Notification Agent.

This Modification would remove the existing requirement within BSC Section V ‘Reporting’ (and facilitate potential future changes as explained in the report) for the Balancing Mechanism Reporting Agent (BMRA) to provide BMR Service (BMRS) data via the legacy on premise High Grade Service, otherwise referred to as the TIBCO service. This will align with the principle to make the BSC technology and vendor agnostic while not imposing infrastructure or vendor-tied solution to BSC Parties.

Removing barriers in BSC Section E that would prevent Elexon updating BSC Agent contracts, therefore enabling BSC Agents to use Technology Services procured by Elexon. This should reduce costs for BSC Parties.

P451 seeks to facilitate the implementation of NGESO’s new approach to Black Start, termed System Restoration. In doing so, it proposes to update all BSC references to “Black Start” to “System Restoration”, and enable contracted Restoration Service Providers who are non-BSC parties to claim BSC Black Start compensation.

BSC Section C ‘BSCCo and its Subsidiaries’ states that BSCCo has a responsibility to propose, consult on and obtain approval for a MHHS Migration Plan. However, responsibility for Migration activities sits with the MHHS System Integration (SI) function. Therefore it would be a more efficient use of resource for the MHHSP to create, consult on and obtain approval for the migration plan. 

BSC Section H ‘General’ sets out dispute resolution procedures that allows Market Participants to undertake arbitration pursuant to the arbitration rules of the Electricity Arbitration Association if required.  However, the EAA has not been used by a Market Participant since its inception in 1993 and does not provide good value for money for BSC Parties as monthly payments are required, irrespective of whether there are any disputes to consider.

The purpose of this Modification is to address the need for personal information sharing in the Balancing and Settlement Code (BSC), specifically in the context of the Market-wide Half Hourly Settlement (MHHS) testing. The current BSC General Data Protection Regulation (GDPR) and data protection provisions were not designed to allow the sharing of personal information, which has now become necessary for the planned MHHS testing.

This Modification seeks to limit the exposure of all GB parties, including consumers, to extreme prices because of tight margins across the European energy markets. The proposed solution is to cap the price that enters the BSC Imbalance Price calculation at the Value of Lost Load (VoLL – currently £6,000/MWh), for Interconnector actions only. VoLL under the BSC represents the value to customers of unsupplied energy. National Grid Electricity System Operator (NGESO) would still be able to take Interconnector actions it deems necessary, but these would be capped in the Imbalance Price calculation where the relevant actions exceed VoLL.

This Modification seeks to progress two recommendations from Issue 93 ‘Review of the BSC metering Codes of Practice’. 

This Modification seeks to enable Elexon (BSCCo) to act as the payment provider for the Government’s Energy Bill Discount Scheme for non-domestic electricity customers. This scheme will replace the existing Energy Bill Relief (EBR) Scheme.

P443 seeks to limit the exposure of all GB parties, including consumers, to extreme prices because of tight margins across the European energy markets.

This Modification would amend BSC systems and processes to introduce a compensation mechanism for Suppliers and VLPs when a VLP takes a Bid or Offer in the BM, to ensure a level playing field and enable correct incentivisation of flexibility.