Glossary

P166 – Removal of unintentional effects of P123 to allow Supplier BM unit DC values to be revised downwards during a BSC Season

Formal title: Removal of unintentional effects of P123 to allow Supplier BM unit DC values to be revised downwards during a BSC Season

Current Status

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

Summary

When P123 was implemented the legal text included a loophole that will not let a Supplier decrease the value QMj for a BM unit (and hence DC) in a BSC Season if the QMj value has already been achieved. The reason for this is that tolerances are applied both prospectively and retrospectively across a BSC Season.

Progression

The Authority approved the Proposed Modification on 30 July 2004.

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