List of all BSC Modifications
P417 ‘Move the Letter of Credit templates and Approved Insurance Product requirements to the BSC Website’
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.
P415 ‘Facilitating access to wholesale markets for flexibility dispatched by Virtual Lead Parties’
P414 ‘Allowing a Party to Withdraw from the BSC and transfer outstanding liabilities to another Party’
P413 ‘Market-wide Half Hourly Settlement Programme Manager’
P412 ‘Ensuring non-BM Balancing Services providers pay for non-delivery imbalances at a price that reflects the real-time value of energy’
P411 ‘Including new LDSOs in Qualification to mitigate potential risks to Settlement’
P411 aims to improve the effectiveness of the Qualification Performance Assurance Technique (PAT) by requiring new Licensed Distribution System Operators (LDSOs) to undergo Qualification in this role.
P410 ‘Changing imbalance price calculations to comply with the Imbalance Settlement Harmonisation regulations’
P410 will introduce changes to the imbalance price calculations to ensure BSC compliance with the European Imbalance Settlement Harmonisation regulations.
P409 ‘Aligning BMRS Reporting Requirements with the Clean Energy Package’
P408 ‘Simplifying the Output Usable Data Process’
P408 is being raised as a consequential BSC Modification to Grid Code Modification GC0130.
The Modification aims to deliver:
- Continued alignment of the Grid Code and BSC processes; and
- Improved market transparency and efficiency through provision of additional Output Usable, Margin and Surplus data in the two to three year ahead timescale.