How do I submit BSC Party operational contact details?
BSC Party Operational Contact Details ELEXON requires current 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: A contact (preferably more than one) that can deal with Credit Default issues both inside and outside of normal working hours. In […]
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.
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)…
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. ELEXON is known as the Balancing and Settlement Code Company (BSCCo). We administer the BSC. How do the electricity trading arrangements work? Like most commodities, electricity […]
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 ELEXON does not calculate […]