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P403 BSC Arrangements in the event that the TERRE Market is suspended by National Grid ESO

Formal title: BSC Arrangements in the event that the TERRE Market is suspended by National Grid ESO

This Modification will change the Balancing and Settlement Code (BSC) to align with the existing Grid Code Trans European Replacement Reserves Exchange (TERRE) market suspension arrangements and support National Grid Electricity System Operator’s (NGESO) Market Suspension Rules proposal; mandated by the European regulations ‘Network Code on Electricity Emergency and Restoration’ (NCER) and ‘Establishing a guideline on electricity transmission system operation (SOGL). P403 will provide Market Participants clarity on how the BSC arrangements will operate in the event that the TERRE Market arrangements are suspended.

Current Status

Submission

Assessment Procedure

Report Phase

With Authority

Awaiting Implementation

Implemented

Report Phase

P403 was issued for a 10 working day Report Phase Consultation with responses due by Tuesday 31 March.

The P403 Draft Modification Report was presented to the BSC Panel on 9 April 2020 where the Panel approved P403 as a Self-Governance Modification.

The 15 Working Day Self-Governance Appeals Window which closed on 1 May 2020. No Appeals were received from BSC Parties.

P403 was implemented on the 28 May, as a standalone BSC Release.

Initial Written Assessment

The BSC Panel considered the IWA at its meeting on 12 March 2020, where it will agree how to progress this Modification.

P403 Initial Written Assessment

Size 1.08 MB Document Date 10/03/2020

Submission

National Grid ESO raised P403 on 10 March 2020.

P403 Proposal Form

Size 263.44 KB Document Date 10/03/2020

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P403 BSC Arrangements in the event that the TERRE Market is suspended by National Grid ESO

Formal title: BSC Arrangements in the event that the TERRE Market is suspended by National Grid ESO

Current Status

Report Phase

Initial Written Assessment

Submission

My BSC