Countdown to switching off the Balancing Mechanism Reporting Service (BMRS)

The Balancing Mechanism Reporting Service (BMRS) will be switched off on 31 May 2024. We are replacing it with the Insights Solution. To find out more visit the About the Insights Solution service webpage.

GlossaryToggle Tooltip

P378 Modification Consultation

Status

Status Closed Issue Date 16 January 2019 Response Date 29 January 2019

Who will this impact?

We have issued Urgent Modification Proposal P378 ‘ Introduction of a CM Supplier Interim Charge’ for industry consultation, with responses invited by 5pm on Tuersday 29 January 2019.

P378 seeks to use the BSC to introduce a CM Supplier Interim Charge for Suppliers. This will act as a contingency fund to protect the industry, and customers, from a price shock in the event that the CM standstill is lifted and back payments are required to be made. The Modification solution is based on the recommendations of Issue 76.

Documents