Nicola Dempsey

P305 has been raised to progress the outcomes of the Electricity Balancing Significant Code Review (EBSCR), and proposes to implement the EBSCR conclusions ahead of Winter 2015/16, which include:

• Further reductions in the PAR value following P304 (50MWh from Winter 2015/16, then 1MWh from Winter 2018/19);
• A single imbalance price, calculated using the main...

P304 has been raised to progress the outcomes of the Electricity Balancing Significant Code Review (EBSCR), and proposes to reduce the Price Average Reference (PAR) value from 500MWh to 250MWh ahead of Winter 2014/15. National Grid raised P304 on 30 May 2014. The Initial Written Assessment will be presented to the Panel on 12 June...

P308: Alternative security product for securing credit under the BSC P308 proposes to introduce a centrally provided alternative security product as an alternative method for securing credit under the BSC, which Parties could use in place of the existing requirements to provide Credit Cover individually. For further information on this modification, please contact the Lead...