Glossary
P102 – Entitlement of Licence Exemptable Generators (“LEGs”) to BSC Membership Without Evidence of Trading
Formal title: Entitlement of Licence Exemptable Generators ("LEGs") to BSC Membership Without Evidence of Trading
Current Status
Submission
Initial Written Assessment
Assessment Procedure
Report Phase
With Authority
Awaiting Implementation
Implemented
Summary
This Modification seeks to alter the current conditions of paragraph 2.6 of Section A of the BSC related to “Withdrawal of a Party which does not commence trading” to allow full access to market data. It proposes that Licence Exemptable Generators (LEGs) should be entitled to remain BSC Parties if none of the steps inferred to in A2.6.3 are taken.
Progression
The BSC Panel recommended that the Proposed Modification should not be made and that the Alternative Modification should be made. The Authority rejected both the Proposed and Alternative Modification on 17 August 2003.