P426 Workgroup 1

This is the first meeting of the P426 ‘Combining related BSC Parties’ Energy Indebtedness positions for the Credit Cover Percentage calculation’ Workgroup.

The purpose of this meeting is:

  • Consideration of the background to P426 and proposed solution; and
  • Consideration of the P426 Terms of Reference

Find out more about P426


  1. Welcome & Meeting objectives
  2. What is the issue and proposed solution?
  3. Terms of Reference
  4. Overview of BSC Credit Cover arrangements
  5. Benefits of the proposed solution
  6. Wider market context and potential BSC impacts
  7. Discussion on the proposed solution
  8. Progression Plan & Next steps
  9. AOB & Meeting close

How to join the meeting

Telephone: +44 20 7660 8177
Conference ID: 364 061 589# 

A link to join the meeting is provided in the Outlook meeting invite from Elexon.


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