Glossary
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.
Status
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.