BSC Changes impacting an Interconnector User
This page shows which Modifications and Change Proposals have been identified as impacting an Interconnector User. 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.
P406 ‘Temporary disapplication of Supplier Charge Serials SP08 and SP04 due to COVID-19’
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.
P417 ‘Move the Letter of Credit templates and Approved Insurance Product requirements to the BSC Website’
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.
P410 ‘Changing imbalance price calculations to comply with the Imbalance Settlement Harmonisation regulations’
P410 sought to introduce changes to the imbalance price calculations to ensure BSC compliance with the European Imbalance Settlement Harmonisation regulations.
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).
P440 ‘Enabling Elexon to administer the Capacity Market Advisory Group’
The BSC does not currently allow Elexon to undertake administrative activities that would support the Capacity Market Advisory Group (CMAG). This does not align to Ofgem’s decision to appoint Elexon to undertake the CMAG administrative activities on its behalf.