BSC Changes impacting an Interconnector Error Administrators
This page shows which Modifications and Change Proposals have been identified as impacting an Interconnector Error Administrator. Please note that the assessment of where impacts may affect certain roles within the electricity market may be amended during the course of the Change process.
P405 Allow notices via email where currently prohibited
P405 will allow notices that the BSC currently requires to be sent by post or fax to be sent by email.
P407 Project MARI
P413 Market-wide Half Hourly Settlement Programme Manager
P424 Re-insert correct definition of Settlement Error
P416 Introducing a route of appeal for the Annual Budget in line with the proposals for the Retail Energy Code
P416 seeks to amend the BSC to include an appeals mechanism that BSC Parties could use to challenge items in the Annual Budget.
P438 Amending the BSC to address sanction orders
This Modification would allow Elexon to seamlessly give effect to sanctions orders.
P445 Improving efficiency of Default Funding Share process and Energy Supply Company Administration
This Modification seeks to allow the Funds Administration Agent (FAA) to process a Default Funding Share for unpaid Trading Charges earlier to reduce the cost of the borrowing facility and reduce the risk of shortfall. The Modification will also allow the Panel to instruct the FAA to release Trading Charges where the default relates to an Energy Supply Company Administration (ESCA).
P457 Replace the Electricity Arbitration Association with the London Court of International Arbitration
P457 proposes to remove the Electricity Arbitration Association (EAA) from the BSC and replace with the London Court of International Arbitration (LCIA) to deliver better value for money and service.
P460 Amend the responsibility to propose and consult on a MHHS Migration Plan
P460 aims to change responsibility for proposing, consulting on and obtaining approval of the Market-wide Half Hourly Settlement (MHHS) Migration Plan from BSCCo to the Market-wide Half Hourly Settlement Programme (MHHSP).
P466 BSC Section N Modernisation
This Modification seeks to update BSC Section N ‘Clearing Invoicing and Payment’ to support the effective running of the Funds Administration Agent (FAA). The Modification will align the BSC with Elexon’s updated financial systems and modern banking practices to increase the efficiency of service provided to industry.