P465 Report Phase Consultation

This Modification is required to correct an error in the approved legal drafting for P415. This Proposal will ensure that Credit Cover requirements for Virtual Trading Parties (VTPs) correctly take into account the energy volumes (‘Deviation Volumes’) that VTPs trade in wholesale markets, which was the intention of the P415 Workgroup.


Who will this impact?

BSC Parties Impacted

  • No BSC Parties Impacted

Parties Agents Impacted

  • No Party Agents Impacted

BSC Systems Impacted

  • No System Impact

What is proposed?

This change proposes to amend the MEI calculation to include CAQDE values and take into account any Deviation Volumes delivered by the VTP.

Related information


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