Glossary Term: Settlement Run
Calculations carried out between one and 14 months after the Settlement Period (unless there is a dispute over data, in which case it is 28 months after).
BSC defined definition
A determination (in accordance with Section T), in relation to a Settlement Day, of amounts giving rise, on the part of Trading Parties and the Transmission Company, to a liability to pay to or a right to be paid by the BSC.
Clearer amounts in respect of Trading Charges in each Settlement Period in that Settlement Day, and of the net credit or debit in respect of such amounts; and where the context requires a reference to a Settlement Run includes the data and information produced by the Settlement Administration Agent (SAA) following such a determination and delivered to the FAA in accordance with Section N.
BSC documentation
- BSC Section X, Annex X-1
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BSCP01 – Overview of Trading Arrangements (details the Settlement Runs in Section 1.7.2, 4.1 and 4.2)
Settlement Run calendar
The Settlement Calendar Search is available on the Elexon Portal. You can find payment dates for each settlement date (by run and system).