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.

Podcast

Listen to the complete ‘BSC Arrangements in the event that the TERRE Market is suspended’ podcast:

If you would like a transcript for the P403 podcast then please email [email protected]

Current Status

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

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