BSC Changes impacting a Virtual Lead Party
This page shows which Modifications and Change Proposals have been identified as impacting a Virtual Lead Party. 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.
CP1562 ‘Amendments to the approved IDD changes for P375’
CP1562 seeks to update the New Electricity Trading Arrangement (NETA) Interface Definition Documents(IDD) Part 1 and 2 that were approved under P375, to provide clarity to the relevant Parties that make use of the document.
CP1556 ‘Improving the CVA Qualification Testing experience for VLPs and AMVLPs’
CP1556 looks to update BSCP70 ‘CVA Qualification Testing for Parties and Party Agents’ and the Communication Requirements Document to include a test request process and a list of P-flows for VLPs and AMVLPs.
P375 ‘Settlement of Secondary BM Units using metering behind the site Boundary Point’
P375 will allow Metering Equipment situated ‘behind’ the defined Boundary Point to be used for Settlement purposes in place of the Boundary Point Meter. Primarily, this will allow balancing-related services on-site from smaller assets to be separated from current imbalance-related activities, more accurately reflecting the balancing-energy volumes provided by the Balancing Service Provider (BSP).
P438 ‘Amending the BSC to address sanction orders’
This Modification would allow Elexon to seamlessly give effect to sanctions orders.
P415 ‘Facilitating access to wholesale markets for flexibility dispatched by Virtual Lead Parties’
P415 seeks to amend the BSC to allow Virtual Lead Parties (VLPs) to participate in the GB wholesale market.
P421 ‘Align BSC with Grid Code for TERRE Market Suspension’
This Modification aligns the BSC with the provisions introduced into the Grid Code under GC0144 ‘Alignment of Market Suspension Rights to the EU Emergency and Restoration Code Article 35.1(b)’.
P428 ‘Correction to P376 Legal Text’
This Modification is required to correct an error contained within the approved legal drafting for P376. This Proposal will ensure that Virtual Lead Parties (VLPs) do not need to submit the status of Metering System Identifier (MSID) pairs contained within secondary Balancing Mechanism (BM) Units that do not use the baselining methodology introduced in the P376 solution.
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.
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.