This page shows which Modifications and Change Proposals have been identified as impacting the National Electricity Transmission System Operator (NETSO). Please note that the assessment of where impacts may affect certain roles within the electricity market may be amended during the course of the Change process.
P472 Amendment to provisions for Parties to bring claims against BSC Agents in BSC Section E
P480 Publication of regional demand forecast data to fulfil ESRS Reporting requirements
P480 seeks to facilitate the Electricity System Restoration Standard (ESRS) requirements to publish the day-ahead peak demand forecast for each restoration region and the demand restored in each restoration region published hourly during a System Restoration on BMRS (Elexon’s Insights Solution Platform). P480 is a consequential Modification to GC0156 ‘Facilitating the Implementation of the Electricity System Restoration Standard’.
This Proposed Solution is to make changes to BSC system and BSC Section Q ‘Balancing Mechanism Activities’ and Code Subsidiary Documents to implement these provisions outlined in GC0156.
P463 Introduce a Standard Change Process
To introduce a new change process – a ‘Standard Change’ process – into the BSC arrangements that would allow for certain, low risk, predictable and repeatable pre-authorised changes to be implemented without following the existing Change Proposal or Modification procedures.
P458 Introducing Data Controller and Processor Obligations in the BSC for MHHS Testing
The purpose of this Modification is to address the need for personal information sharing in the Balancing and Settlement Code (BSC), specifically in the context of the Market-wide Half Hourly Settlement (MHHS) testing. The current BSC General Data Protection Regulation (GDPR) and data protection provisions were not designed to allow the sharing of personal information, which has now become necessary for the planned MHHS testing.
P412 Ensuring non-BM Balancing Services providers pay for non-delivery imbalances at a price that reflects the real-time value of energy
This Modification will introduce imbalance charges for non-Balancing Mechanism (BM) Balancing Services providers, where their delivery does not match instructed volumes. This will mean the GB market more effectively meets the requirements of the Clean Energy Package.
CP1593 New Interconnector Fuel Type Category: Greenlink
Changes are needed to the Insights Solution to ensure data relating to the new Greenlink Interconnector is provided to market participants alongside existing data relating to Settlement arrangements in the Great Britain (GB) electricity market.
P451 Updating BSC Black Start provisions and compensation arrangements
P451 seeks to facilitate the implementation of NGESO’s new approach to Black Start, termed System Restoration. In doing so, it proposes to update all BSC references to “Black Start” to “System Restoration”, and enable contracted Restoration Service Providers who are non-BSC parties to claim BSC Black Start compensation.
P454 Removal of BSC obligations to provide BMRS Data via TIBCO and the High Grade Service
This Modification would remove the existing requirement within BSC Section V ‘Reporting’ for the Balancing Mechanism Reporting Agent (BMRA) to provide BMR Service (BMRS) data via the legacy High Grade Service, otherwise referred to as the TIBCO service.
P454 is a recommendation from BSC Issue 95, which considered the impacts associated with maintaining the legacy TIBCO service.
P466 BSC Section N Modernisation
This Modification seeks to update BSC Section N ‘Clearing Invoicing and Payment’ to support the effective running of the Funds Administration Agent (FAA). The Modification will align the BSC with Elexon’s updated financial systems and modern banking practices to increase the efficiency of service provided to industry.
P453 Metering Dispensation process improvements and clarification to the CoPs
This Modification seeks to progress two recommendations from Issue 93 ‘Review of the BSC metering Codes of Practice’. The first recommendation clarifies the relevant Code of Practice (CoP) for circuits embedded behind the Boundary Point Metering System or Defined Metering Point (DMP). The second recommendation eliminates the need for Metering Dispensations when the Actual Metering Point (AMP) does not coincide with the DMP, but there is no impact on Settlement accuracy.
P460 Amend the responsibility to propose and consult on a MHHS Migration Plan
P460 aims to change responsibility for proposing, consulting on and obtaining approval of the Market-wide Half Hourly Settlement (MHHS) Migration Plan from BSCCo to the Market-wide Half Hourly Settlement Programme (MHHSP).
P457 Replace the Electricity Arbitration Association with the London Court of International Arbitration
P457 proposes to remove the Electricity Arbitration Association (EAA) from the BSC and replace with the London Court of International Arbitration (LCIA) to deliver better value for money and service.
P443 To Cap NGESO Interconnector Trades
At the current time National Grid Electricity System Operator (NGESO) can trade at prices above the Value of Lost Load (VoLL – as defined in BSC Section T 1.12, currently set at £6,000/MWh). The Proposer’s view is that this adds to customers’ costs and sends a signal to the markets that customers are willing to buy power at any price. In a cost of living crisis the Proposer does not believe that the British public are prepared to buy energy at any price.
CP1576 New Interconnector Fuel Type Category: Viking Link
Changes are needed to the Balancing Mechanism Reporting Service (BMRS) to ensure data relating to the new Viking Link Interconnector is provided to market participants alongside existing data relating to Settlement arrangements in the Great Britain (GB) electricity market.
P448 Mitigating Gas Supply Emergency Risks
The war in Ukraine and resultant gas shortages in Europe significantly increases the risk of Generators in GB being prevented from generating this winter (due to Firm Load Shedding during a Gas Supply Emergency). If that happens Generators are likely to incur massive Imbalance Charges and credit cover requirements, potentially causing them to become insolvent. Even if such an Emergency does not occur, the risk that it could occur is likely to force Generators to reduce their forward and Day Ahead trading, reducing liquidity in electricity markets, and raising costs for electricity consumers.
P437 Allowing non-BSC Parties to request Metering Dispensations
This Modification proposes to introduce a provision in Section L ‘Metering’ to allow the relevant Meter Operator Agent to apply for Metering Dispensations on behalf of a non-BSC Party.
P445 Improving efficiency of Default Funding Share process and Energy Supply Company Administration
This Modification seeks to allow the Funds Administration Agent (FAA) to process a Default Funding Share for unpaid Trading Charges earlier to reduce the cost of the borrowing facility and reduce the risk of shortfall. The Modification will also allow the Panel to instruct the FAA to release Trading Charges where the default relates to an Energy Supply Company Administration (ESCA).
P438 Amending the BSC to address sanction orders
This Modification would allow Elexon to seamlessly give effect to sanctions orders.
P375 ‘Settlement of Secondary BM Units using metering behind the site Boundary Point’
P375 will allow Metering Equipment situated ‘behind’ the defined Boundary Point to be used for Settlement purposes in place of the Boundary Point Meter. Primarily, this will allow balancing-related services on-site from smaller assets to be separated from current imbalance-related activities, more accurately reflecting the balancing-energy volumes provided by the Balancing Service Provider (BSP).
P416 Introducing a route of appeal for the Annual Budget in line with the proposals for the Retail Energy Code
P416 seeks to amend the BSC to include an appeals mechanism that BSC Parties could use to challenge items in the Annual Budget.