Glossary
This is not a comprehensive glossary but it outlines a large number of terms and acronyms found in the BSC or terms related to working within the electricity market. If a term is not represented in the Glossary and you need further advice about the term you are searching for, please contact the Communications Team.
All glossary terms
Non-Supplier Trading Party Noon Effective Temperature Normal Reference Initial National Demand Out-Turn Daily Notice to Deliver Bids Notice to Deliver Offers Notice to Deviate from Zero Notification Date Notified Volume Charge Nuclear Site Licence Nullification Effective Period Offer Offer Non-Delivery Volume Offer Price Office of Gas and Electricity Markets Offshore Transmission Connection Point Offtaking Transmission Losses Adjustment Operational Day Outage Output Usable Outstation