Glossary

Changes to BSC Parties and Qualified Persons: January 2025

This page lists changes to the status of Balancing and Settlement (BSC) Parties and Qualified Persons in January. It includes information on any new qualifications and registrations, new market participants, withdrawals and defaults.

Change of Party details

The Electric Storage Company

The Electric Storage Company (Party ID: POWONTEC) has changed its name as follows:

  • Party Name: Joulen

CVA Qualification and registration

Hagshaw Hill Repowering Ltd

Hagshaw Hill Repowering Ltd [Party ID: HAGHWF] has successfully completed CVA Qualification and has Registered in the role of Generator on 30/01/2025.

Edgware Energy Limited

Edgware Energy Limited [Party ID: EDGWARE] has successfully completed CVA Qualification and has Registered in the role of Asset Metering Virtual Lead Party on 22/01/2025.

HD888CAP Ltd 

HD888CAP Ltd [Party ID: CESCAP01] has successfully completed CVA Qualification and has Registered in the role of Generator on 20/01/2025.

EDF Energy Limited

EDF Energy Limited [Party ID: LONDELEC] has successfully completed CVA Qualification and has Registered in the role of Virtual Lead Party on 02/01/2025.

Voltalis UK

Voltalis UK [Party ID: VOLTALIS] has successfully completed CVA Qualification and has Registered in the role of Virtual Trading Party on 03/01/2025.

Aurora Utilities Limited

Aurora Utilities Limited [Party ID: AUL2023] has successfully completed CVA Qualification and has Registered in the role of Distribution Business on 17/01/2025.

Default of BSC

Tomato Energy Limited

The Panel determined Tomato Energy (BSC Party Id: MARIGOLD) was in persistent Breach of various BSC Obligations and approved the issuing of a notice of Default under the provisions of BSC Section H.3.

Default of BSC: Late Payment – Multiple BSC Parties

On 9 January, the BSC Panel agreed a Resolution to notify other BSC Parties of this Default.

De-registration

Currently none.

Expulsion from BSC

Currently none

New market participants

EDP Gem Portugal

EDP Gem Portugal (Party ID: EDPGEMPT) has acceded to the Balancing and Settlement Code as of 24/01/2025. This Party intends to register in the role of  Non-Physical Trader. 

Tradergy S.L.

Tradergy S.L. (Party ID: TRADERGY) has acceded to the Balancing and Code as of 17/01/2025. This  intends to register in the role of Interconnector User and Non-Physical Trader. 

Jane Street Energy Europe B.V.

Jane Street Energy Europe B.V. (Party ID: JSEE) has acceded to the Balancing and Settlement Code as of 14/01/2025. This Party intends to register in the role of Non-Physical Trader. 

Metlen International AG

Metlen International AG (Party ID: MITCOAG1) has acceded to the Balancing and Settlement Code as of 06/01/2025. This Party intends to register in the role of Non-Physical Trader. 

Grafton Commodity Trading Ltd

Grafton Commodity Trading Ltd (Party ID: GRAFTON) has acceded to the Balancing and Settlement Code as of 06/01/2025. This Party intends to register in the role of Interconnector User and Non-Physical Trader. 

Thurrock Power Limited

Thurrock Power Limited (Party ID: THRKGAS) has acceded to the Balancing and Code as of 02/01/2025. This  intends to register in the role of Generator. 

Sheaf Energy Limited

Sheaf Energy Limited (Party ID: SELPARK1) has acceded to the Balancing and Code as of 02/01/2025. This  intends to register in the role of Generator. 

GEN-I, d.o.o

GENI-I, d.o.o (Party ID: GENI) has acceded to the Balancing and Code as of 02/01/2025. This intends to register in the role of Interconnector User and Non-Physical Trader. 

Party Novation application

Currently none.

Surrender of Qualification

Currently none

SVA Qualification

Currently none.

Withdrawal from the BSC

Cubex Energy Ltd (Party ID: CUBEX)

Cubex Energy Ltd (Party ID: CUBEX) will withdraw from the Balancing and Settlement Code (BSC) on 22 January 2025 in accordance with section A5.1 of the Code.

My BSC

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