Glossary
This is not a comprehensive glossary but it outlines a large number of terms and acronyms found in the BSC or terms related to working within the electricity market. If a term is not represented in the Glossary and you need further advice about the term you are searching for, please contact the Communications Team.
All glossary terms
Utilisation Price Valid Nullification Effective Period Value of Lost Load Var VAT Volume Allocation Volume Allocation Run Volume Allocation Units Volume Notification Volume Notification Agent Volume Notification Nullification Confirmation Report Volume Notification Nullification Request Watt-hours Wider Access Wind Generation Forecast Withdrawal Date Withdrawal Notice Withdrawing Party Working Day