Glossary
P059 – The acceptance of Bids and Offers to honour a BM Unit’s dynamic parameters beyond the Balancing Mechanism window.
Formal title: The acceptance of Bids and Offers to honour a BM Unit's dynamic parameters beyond the Balancing Mechanism window.
Current Status
Submission
Initial Written Assessment
Assessment Procedure
Report Phase
With Authority
Awaiting Implementation
Implemented
Summary
To codify in the BSC the “gentleman’s agreement” between the System operator and BM participants regarding the acceptance of Bids and Offers “beyond the wall” to honour a BM Unit’s dynamic parameters.
Progression
The Authority rejected the Proposed Modification on 11 June 2002.