This page shows which Modifications and Change Proposals have been identified as impacting a Non-Physical Trader. 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
P475 Allowing All Storage Sites to set and fix their own Production/Consumption Flags
The purpose of this Modification is to address the issue of storage BM Units flipping between Production (P) and Consumption (C) statuses. This flipping leads to significant financial challenges for parties managing large storage units. The proposal seeks to allow storage BM Units to fix their P/C status, thereby mitigating these challenges.
P469 Credit Default Refusal and Rejection Period
P469 proposal sought to delay the Credit Default Refusal and Rejection Periods. This change would give parties a two-hour window from the Level 2 Credit Default notification until the time when any Energy Contract Volume Notifications (ECVN) related to a defaulting party are rejected.
To implement the proposed Solution, this Modification aims to change BSC Section M, 3.3.3 a (i) and (ii).
P479 Amendments to the Credit Cover calculations
This Modification seeks to amend the Credit Cover calculations to make more accurate and operationally efficient estimates of Energy Indebtedness, using data available closer to real time.
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.