Glossary Term: Balancing and Settlement Code
The Balancing and Settlement Code (BSC) is a legal document which defines the rules and governance for the balancing mechanism and imbalance settlement processes of electricity in Great Britain. The Balancing and Settlement Code Company (BSCCo) is administered by Elexon. All licensed electricity generators and suppliers must sign up to the BSC and other interested parties may also choose to do so.
BSC defined definition
The Legal document setting out the rules for the operation and governance of the Balancing Mechanism and Imbalance Settlement.
BSC documentation
Further information
Elexon has a dedicated site for customers to access to the BSC and its subsidiary documents. The site includes the BSC, CoPs and BSCPs, Guidance Notes, Simple Guides, Interface Definitions Documents, Business Definition Documents, User Requirement Specifications, Service Descriptions and Category 3 documents. The dedicated site is known as the Digital Code.