MIDS review 2016 consultation


Who will this impact?

The Market Index Definition Statement (MIDS) defines the way the Market Index Price – used to determine the ‘reverse’ Energy Imbalance Price – is calculated. We review the MIDS annually, as required by the Balancing Settlement Code (BSC).

Our analysis shows that the current Individual Liquidity Threshold (ILT), timeband and product weightings remain suitable for 2016/17. We are seeking views on whether Parties agree that the current parameters should remain unchanged.


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