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 'G'
Gate Closure General Funding Share Generating Plant Generating Plant Demand Margin Generating Unit Generation Capacity Generation Licence Generator Compensation Instruction Go-live Date Good Industry Practice Great Britain Grid Code Grid Supply Point The connection between the Transmission and Distribution Systems is known as a Grid Supply Point (GSP).
Gross Contract MWh Group Correction Factor Group of GSPs GSP Group GSP Group Correction Scaling Factor GSP Group Distributor GSP Group liability cap