Glossary

P137

Formal title: Revised Calculation of System Buy Price and System Sell Price

Current Status

Submission
Initial Written Assessment
Assessment Procedure
Report Phase
With Authority
Awaiting Implementation
Implemented

Summary

P137 proposes to set the main imbalance cash out price equal to the highest-priced untagged energy offer acceptance when the system is short and the lowest-priced untagged energy bid acceptance when the system is long.

Progression

The BSC Panel recommended that the Proposed Modification should not be made. The Authority rejected the Proposed Modification on 30 March 2004.

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