P375 ‘Settlement of Secondary BM Units using metering behind the site Boundary Point’
Formal title: Settlement of Secondary BM Units using metering behind the site Boundary Point
P375 proposes using Metering Equipment ‘behind’ the defined Boundary Point for Balancing Services (‘behind the Meter’), for Settlement purposes rather than the Boundary Point Meter. This will allow balancing-related services on-site to be separated from imbalance-related activities, more accurately reflecting the balancing-energy volumes provided by the Balancing Service Provider (BSP). P375 arose from Issue 70 ‘Settlement of Secondary BM Units using metering at the asset’.
Iain Nicoll, metering team leader, gave a presentation on asset metering and how the proposals in Modification P375 work at the Energy Management Exhibition, London, in November 2019.