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.
Glossary terms beginning with 'P'
Party Service Line Party System Payment Calendar Payment Date Payment Party P/C Status Pending Modification Proposal Performance Assurance Administrator Performance Assurance Board Performance Assurance Committee Performance Assurance Party Performance Assurance Reporting and Monitoring System Performance Level Period Accepted Bid Volume Period Accepted Offer Volume Period BM Unit Balancing Services Volume Period BM Unit Bid Cashflow Period BM Unit Cashflow Period BM Unit Demand Disconnection Volume Period BM Unit Non-Delivered Bid Volume