The BSC

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How do I submit BSC Party operational contact details?

As part of the Market Entry process Elexon requires contact details from BSC Parties so that it can efficiently resolve operational queries and issues. Parties are requested to keep Elexon informed of the following: Two 24 hour credit contacts that can deal with Credit Default issues.In accordance with the BSC, a Credit Default has to […]
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The BSC – Simple Guides

The Balancing and Settlement Code (BSC) is a lengthy legal document.  Elexon provides a set of Simple Guides for each section of the BSC, which can be found here.
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History of the BSC

New arrangements (NETA) for the buying and selling of electricity were introduced in England and Wales in March 2001 and extended to Scotland in April 2005 (BETTA)...
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What is the BSC?

The Balancing and Settlement Code (BSC) is a legal document which defines the rules and governance for the balancing mechanism and imbalance settlement processes of electricity in Great Britain. The Balancing and Settlement Code Company (BSCCo) is administered by Elexon. How do the electricity trading arrangements work? Like most commodities, electricity is traded on a […]
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Where can I find details of wholesale prices of electricity in Great Britain?

The majority of wholesale trading takes place directly between buyers and sellers of electricity at a price agreed in private. Benchmark prices for the trades are published on subscription to reference agencies. Short term energy trading takes place on two power exchanges in GB. Both publish price data: http://www.apxgroup.com/ http://www.nordpoolspot.com Although wholesale prices aren’t calculated, […]
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What are MPANs and MSIDs?

Each point of entry and exit onto a Distribution System Operator’s Distribution System has an associated Metering Point, and each Metering Point has an associated Administration Number (MPAN) and Metering System Identifier (MSID). MPAN is the term used in the Master Registration Agreement (MRA), while the BSC uses the term MSID. However, as the two […]
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How do interconnectors work?

Interconnector Trading was produced to assist BSC participants in understanding the operation and general terminology used in relation to Interconnectors under the BSC.
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Can I use data from BMReports, the Elexon Portal, or Elexon.co.uk?

All Intellectual Property Rights in the data and information on these websites are owned in accordance with the terms of the Balancing and Settlement Code (BSC). If you wish to use the data and information from any of these websites, please refer to the relevant Terms of Use as follows: BMReports Terms of Use Elexon […]
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What is the Elexon Portal?

The Elexon Portal is a site that provides operational BSC data, including but not limited to: Financial and Credit Cover information Imbalance volumes Best View Prices Historic System Buy Price and System Sell Price information (back to 2001) Line Loss Factor data Market Domain Data Operational parameter data (e.g. Transmission Loss Multipliers, CALF values, P114 data) […]
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What is BMReports.com?

BMReports.com is the public Balancing Mechanism Reporting Service (BMRS) website maintained by the Balancing Mechanism Reporting Agent (BMRA), one of Elexon’s BSC Agent service providers, in accordance with Section V of the BSC.  It provides forecast, near real time and historic data about the Balancing Mechanism.  It includes information on generation and demand, Bid and Offer […]
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