This Modification seeks to progress two recommendations from Issue 93 ‘Review of the BSC metering Codes of Practice’.
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.
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.
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.
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.
P443 seeks to limit the exposure of all GB parties, including consumers, to extreme prices because of tight margins across the European energy markets.
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.
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.
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.