Change

BSC Section T 1.5.3(b)(iii) defines ‘short term’ in relation to Market Index Data as a time period in reference to Gate Closure. Following BSC Modification P342 implemented in November 2017, the deadline for contracts for delivery in a Settlement Period has moved from Gate Closure to the Submission Deadline. P342 did not change the Market Index Definition Statement (MIDS) to reflect this. The 2018 MIDS Review is proposing to amend references of Gate Closure to the Submission Deadline to include trades taken in the hour prior to a Settlement Period in Market Index Data which will impact Market Index Data Providers. This change to the MIDS will need BSC Panel approval in November and approval from the Authority.

We have issued P370 ‘Allow the Panel to designate non-BSC Parties to raise Modifications’ for Assessment Procedure Consultation, which you are invited to respond to by Monday, 12 November 2018. P370 seeks to allow the BSC Panel, instead of Ofgem, to designate interested third parties to raise Modification Proposals and for Ofgem to become the appeals body. P370 also opens up the Issues process to non-BSC Parties.

P369 proposes to modify the Balancing Settlement Code (BSC) to reflect the creation of a new National Grid Electricity System Operator (NGESO) that is legally separate from National Grid Electricity Transmission Limited (NGET). Further information can be found on the P369 webpage.

This is the P369 Report Phase Consultation, whereby industry views are requested in respect of the BSC Panel’s initial recommendations on the Modification.

P361 seeks to exclude Interconnector Balancing Mechanism (BM) Units from the Main Funding Share and SVA (Production) Funding Share BSC Charges, in order to better facilitate the EU Third Package.

P362 seeks to enable BSC Parties to be derogated against specific BSC obligations in order to trial pre-competitive and innovative products and services.

P368 shall amend provisions in the timing and revision of the Performance Assurance Framework  (PAF) Procedure documents in order to support the objectives of the PAF Review in delivering a more efficient and effective PAF.  Further information can be found on the P368 webpage.

This is the P368 Report Phase Consultation, whereby industry views are requested in respect of the BSC Panel’s initial recommendations on the Modification.

P367 proposes to remove all obsolete Supplemental Balancing Reserve (SBR) and Demand Side Balancing Reservice (DSBR) requirements, definitions, and references from the BSC and subsidiary documents. Further information can be found on the P367 webpage.

This is the P367 Report Phase Consultation, whereby industry views are requested in respect of the BSC Panel’s initial recommendations on the Modification.

P359 seeks to introduce a new mechanised process for Generation Capacity (GC) and Demand Capacity (DC) re-declarations following a ‘GC/DC breach’. More details on the P359 page.

At its meeting on 23 April 2018, the Workgroup, in response to the first Assessment Consultation responses, decided to raise an Alternative Modification. This requires second Assessment Procedure Consultation. The Proposed Solution is identical to the Proposed Modification, except that the Alternative allows the Transmission Company (TC) to apply for, and be granted, BSC Derogations.

P362 seeks to enable BSC Parties to be derogated against specific BSC obligations in order to trial pre-competitive and innovative products and services. Ofgem will act as the point of entry to co-ordinate applications across the industry. This is designed to improve the customer experience and reduce the burden for applicants, particularly where applications require derogation from more than one industry code