Glossary Term: Monthly Default Costs
Acronym: MDCm
Elexon’s costs and the contracted costs of BSC Agents are paid for by BSC Parties as described in Section D of the BSC. The amount each BSC Party pays (Funding Shares) depends on their market role and the volume of energy they generate, supply or trade. Monthly Default Costs are one twelfth (1/12) of the Annual Default Costs.
BSC defined definition
Has the meaning given to that term in Section D4.1(e). Is 1/12 of Annual Default Costs