Glossary

Change

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View P454 Assessment Procedure Consultation

P454 Assessment Procedure Consultation

This Modification would remove the existing requirement within BSC Section V ‘Reporting’ (and facilitate potential future changes as explained in the report) for the Balancing Mechanism Reporting Agent (BMRA) to provide BMR Service (BMRS) data via the legacy on premise High Grade Service, otherwise referred to as the TIBCO service. This will align with the principle to make the BSC technology and vendor agnostic while not imposing infrastructure or vendor-tied solution to BSC Parties.

View Informal Consultation on the BSC changes needed to enable Elexon’s ownership change

Informal Consultation on the BSC changes needed to enable Elexon’s ownership change

Elexon were seeking views from industry on the proposed changes to the BSC to enable Elexon’s ownership change, as part of a process led by the Department for Energy Security and Net Zero (DESNZ) and Ofgem. The purpose of this informal consultation was to confirm that the proposed changes to the BSC meet the policy intent, as published by DESNZ and Ofgem.

This consultation was running in tandem with an Ofgem consultation on new electricity supply and generation licence conditions to implement the new ownership arrangements for Elexon.

View P456 Report Phase Consultation

P456 Report Phase Consultation

Removing barriers in BSC Section E that would prevent Elexon updating BSC Agent contracts, therefore enabling BSC Agents to use Technology Services procured by Elexon. This should reduce costs for BSC Parties.

View P451 Assessment Procedure Consultation

P451 Assessment Procedure Consultation

P451 seeks to facilitate the implementation of NGESO’s new approach to Black Start, termed System Restoration. In doing so, it proposes to update all BSC references to “Black Start” to “System Restoration”, and enable contracted Restoration Service Providers who are non-BSC parties to claim BSC Black Start compensation.

View P460 Report Phase Consultation

P460 Report Phase Consultation

BSC Section C ‘BSCCo and its Subsidiaries’ states that BSCCo has a responsibility to propose, consult on and obtain approval for a MHHS Migration Plan. However, responsibility for Migration activities sits with the MHHS System Integration (SI) function. Therefore it would be a more efficient use of resource for the MHHSP to create, consult on and obtain approval for the migration plan. 

View P457 Report Phase Consultation

P457 Report Phase Consultation

BSC Section H ‘General’ sets out dispute resolution procedures that allows Market Participants to undertake arbitration pursuant to the arbitration rules of the Electricity Arbitration Association if required.  However, the EAA has not been used by a Market Participant since its inception in 1993 and does not provide good value for money for BSC Parties as monthly payments are required, irrespective of whether there are any disputes to consider.

View P458 Report Phase Consultation

P458 Report Phase Consultation

The purpose of this Modification is to address the need for personal information sharing in the Balancing and Settlement Code (BSC), specifically in the context of the Market-wide Half Hourly Settlement (MHHS) testing. The current BSC General Data Protection Regulation (GDPR) and data protection provisions were not designed to allow the sharing of personal information, which has now become necessary for the planned MHHS testing.

View Issue 107: Consultation on Confirmation Notices

Issue 107: Consultation on Confirmation Notices

The Issue 107 Workgroup are seeking views from Trading Parties on its two preferred invoicing options.

View Issue 101: Consultation on the framework for the enduring DIP governance, funding and operation

Issue 101: Consultation on the framework for the enduring DIP governance, funding and operation

This consultation invites potential Data Integration Platform (DIP) users and other interested parties to provide their views on the proposed framework for the enduring governance, funding and operation of the Data Integration Platform (DIP).

View P415 & P444 Report Phase Consultations

P415 & P444 Report Phase Consultations

P415 seeks to amend the BSC to allow Virtual Lead Parties (VLPs) to participate in the GB wholesale market.

The P444 solution seeks to introduce compensation for Suppliers and Virtual Lead Parties (VLPs) for volumes adjusted by VLPs in the Balancing Mechanism.

View P443 Report Phase Consultation

P443 Report Phase Consultation

This Modification seeks to limit the exposure of all GB parties, including consumers, to extreme prices because of tight margins across the European energy markets. The proposed solution is to cap the price that enters the BSC Imbalance Price calculation at the Value of Lost Load (VoLL – currently £6,000/MWh), for Interconnector actions only. VoLL under the BSC represents the value to customers of unsupplied energy. National Grid Electricity System Operator (NGESO) would still be able to take Interconnector actions it deems necessary, but these would be capped in the Imbalance Price calculation where the relevant actions exceed VoLL.

View P453 Report Phase Consultation

P453 Report Phase Consultation

This Modification seeks to progress two recommendations from Issue 93 ‘Review of the BSC metering Codes of Practice’. 

View P452 Urgent Modification Consultation on Energy Bill Discount Scheme

P452 Urgent Modification Consultation on Energy Bill Discount Scheme

This Modification seeks to enable Elexon (BSCCo) to act as the payment provider for the Government’s Energy Bill Discount Scheme for non-domestic electricity customers. This scheme will replace the existing Energy Bill Relief (EBR) Scheme.

View Mini-consultation on the future of the SVA Data Catalogue, the User Requirements Specifications and BSC guidance documents

Mini-consultation on the future of the SVA Data Catalogue, the User Requirements Specifications and BSC guidance documents

We are seeking views from interested parties on the future of certain BSC Document types. Specifically, the SVA Data Catalogue, the User Requirements Specifications, Guidance Notes and Simple Guides.

In this exploratory consultation, we outline options for the future of each of these document types. We will use the results from this consultation to inform what changes to make to these document types. Please provide your responses using this form.

View P443 Assessment Procedure Consultation

P443 Assessment Procedure Consultation

P443 seeks to limit the exposure of all GB parties, including consumers, to extreme prices because of tight margins across the European energy markets.

View P444 Assessment Procedure Consultation

P444 Assessment Procedure Consultation

This Modification would amend BSC systems and processes to introduce a compensation mechanism for Suppliers and VLPs when a VLP takes a Bid or Offer in the BM, to ensure a level playing field and enable correct incentivisation of flexibility. 

View P448 Urgent EBGL Consultation

P448 Urgent EBGL Consultation

This Modification would enable Generators to continue generating during a Network Gas Supply Emergency, if it occurs.

The proposed solution would require changes to below BSC documents to create a mechanism in the BSC that allows Load Shedding instructions issued during a Stage 2+ Network Gas Supply Emergency to be treated as Accepted Bids for BSC purposes. The generator will be protected from BSC Imbalance Charges if the Load Shedding prevents them from delivering contracted positions agreed prior to receipt of the Load Shedding instruction:

  • BSC Sections B, G, M, Q, T and X;
  • Balancing and Settlement Code Procedure (BSCP)18;
  • Interface Definition and Design (IDD) Part 2 Document;
  • Settlement Administration Agent (SAA) Service Description; and
  • Settlement Administration Agent User Requirements Specification.
View P449 Urgent Modification Consultation on Energy Bill Relief Scheme

P449 Urgent Modification Consultation on Energy Bill Relief Scheme

This Modification seeks to enable Elexon (BSCCo) to act as the payment provider for the Government’s Energy Bill Relief Scheme for non-domestic electricity customers. The intention of the subsidy would be to reduce non-domestic consumer tariffs in light of the recent rises in energy costs.

View P434 Report Phase Consultation

P434 Report Phase Consultation

This Modification will require a period of mandatory Change of Measurement Class (CoMC) activity for all Non-Half Hourly (NHH) Unmetered Supplies (UMS) Metering Systems to complete before the Market Wide Half Hourly Settlement (MHHS) migration to the Target Operating Model (Milestone 11 (M11) in the MHHS Timetable). At the time of writing, this would need to complete by October 2024. It will also require all new UMS connections to be settled Half Hourly (HH) from 12 months prior to M11, currently October 2023.

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