{"id":96390,"date":"2018-08-22T16:52:09","date_gmt":"2018-08-22T15:52:09","guid":{"rendered":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/?page_id=96390"},"modified":"2024-11-27T15:43:10","modified_gmt":"2024-11-27T15:43:10","slug":"becoming-interconnector-user","status":"publish","type":"page","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/market-entry\/becoming-interconnector-user\/","title":{"rendered":"Becoming an Interconnector User"},"content":{"rendered":"<h2 id=\"what-is-an-interconnector-user\">What is an Interconnector User?&#xA0;<\/h2>\n<p>Interconnector Users are Trading Parties that import and export electricity across an Interconnector. They buy and sell electricity from Generators, Suppliers and other Trading Parties operating in the market. Interconnector Users are responsible for the metering systems that record the amount of energy that they are importing and exporting.<\/p>\n<h2 id=\"video-on-the-vlp-market-entry-process\">Video on the Interconnector User Market Entry Process<\/h2>\n<p>This video explains the process for entering the energy market as an Interconnector User.<\/p>\n\t\n\t\t<!-- NOINDEX -->\n\t\t<div class=\"panel-section\">\n\t\t\t<div class=\"media-store-shortcode\" data-post-id=\"185737\">\n\t\t\t\t<iframe loading=\"lazy\" title=\"Interconnector User - Market Entry Process\" src=\"https:\/\/player.vimeo.com\/video\/635145803?dnt=1&amp;app_id=122963\" width=\"640\" height=\"360\" frameborder=\"0\" allow=\"autoplay; fullscreen; picture-in-picture; clipboard-write; encrypted-media; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\"><\/iframe><div>Video Published: October 2021<\/div><div>Video Length: 10 mins, 34 sec<\/div>\t\t\t<\/div>\n\t\t<\/div>\n\t\t<!-- ENDNOINDEX -->\n\t\n<p>&#xA0;<\/p>\n<ul>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/documents\/market-entry-exit\/market-entry-process\/interconnector-user-market-entry-process-video-transcript\/\" data-wpel-link=\"internal\">Interconnector User Market Entry Process video transcript<\/a><\/li>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/documents\/market-entry-exit\/market-entry-process\/interconnector-user-market-entry-process-video-presentation-slides\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Interconnector User Market Entry Process Presentation slides<\/a><\/li>\n<\/ul>\n<h2 id=\"qualifications-needed\">Qualifications needed<\/h2>\n<p>In order to qualify as an Interconnector User you will need to obtain the following qualification:<\/p>\n<ul>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/market-entry\/cva-qualification\/\">CVA Qualification<\/a><\/li>\n<\/ul>\n<p>The CVA Qualification is needed to prove that Interconnector Users have the ability to send certain communications to BSC Agents and ensure that certain communications are received.&#xA0;<\/p>\n<h2 id=\"costs\">Costs<\/h2>\n<p>Interconnector Users acceding to the BSC must pay a &#xA3;500 accession fee which covers the administrative costs of entering the market.<\/p>\n<p>Once acceded, a flat monthly fee of &#xA3;250 + VAT applies. This is known as a base monthly charge.&#xA0;<\/p>\n<h3>Credit cover<\/h3>\n<p>Charges are made to Parties (or by them) as a result of any imbalance (Trading Charges) 29 days after a Settlement Day. Over this period a Parties&#x2019; Credit Cover ensures it has enough collateral to cover these payments in case of default.<\/p>\n<p>We do not specify the amount of Credit Cover you must lodge; it is up to the Party to&#xA0;decide. Parties usually&#xA0;make this decision based on their&#xA0;trading characteristics.<\/p>\n<p>For more information on Credit Cover please see the <a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/settlement\/credit\/\">Credit Cover explained page<\/a>.<\/p>\n<h3>Other costs<\/h3>\n<p><strong>CVA BM Unit Charge &#x2013; &#xA3;0 (was &#xA3;100)<\/strong><\/p>\n<p>A charge is made against every CVA BM Unit for which the Interconnector is the Lead Party for all or part of the month. If the BM Unit is a Production BM Unit at an Export Exempt site where there are also one or more Consumption BM Units, then no charge is made.<\/p>\n<p><strong>Notified Volume Charge &#x2013; &#xA3;0.0005\/MWh<\/strong><\/p>\n<p>A charge is also payable against a Party&#x2019;s Gross Contract Volume.<\/p>\n<h3>Participant Test Service charges<\/h3>\n<p>For parties wanting to test\/re-test any flows you can use the PTS service to increase the level of assurance to individual companies, and to the industry as a whole.<\/p>\n<p>The service can be used before competing CVA Qualification testing and operating in the live environment, and to test any impacts as a result of changes to your business software.<\/p>\n<p>The PTS service is booked in half day test slots (9am-1pm\/1-5pm) and is charged at&#xA0;<strong>&#xA3;999+VAT per test slot<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/knowledgebase\/what-is-the-participant-test-service-pts-and-how-much-does-it-cost\/\" data-wpel-link=\"internal\">What is the Participant Test Service (PTS) and how much does it cost?<\/a><\/li>\n<\/ul>\n<p>To book a PTS test slot please submit a completed&#xA0;<a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/guidance-note\/participant-test-service-booking-form\/\" data-wpel-link=\"internal\">PTS Booking Form<\/a>&#xA0;to&#xA0;<a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/about\/elexon-key-contacts\/bsc-service-desk\/\" data-wpel-link=\"internal\">the BSC Service Desk<\/a>.<\/p>\n<h2 id=\"steps-needed-to-become-an-interconnector-user\">Steps needed to become an Interconnector User<\/h2>\n<p>You will need to go through various steps in order to register as an Interconnector User. The diagram below lists all the tasks required.<\/p>\n<p>Within the individual steps there are forms that need to be completed and details about financial transactions that need to take place. You can also use the Elexon Kinnect Customer Solution, where you will be directed to all the relevant steps needed to become an Interconnector User. Elexon Kinnect is a self-service gateway that offers a guided and streamlined market entry process.<\/p>\n<ul>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/operations-settlement\/bsc-central-services\/updating-bsc-systems\/\">More on Elexon Kinnect<\/a><\/li>\n<\/ul>\n\n","protected":false},"excerpt":{"rendered":"<p>What is an Interconnector User?&#xA0; Interconnector Users are Trading Parties that import and export electricity across an Interconnector. They buy and sell electricity from Generators, Suppliers and other Trading Parties [&hellip;]<\/p>\n","protected":false},"author":407,"featured_media":0,"parent":1936,"menu_order":50,"comment_status":"closed","ping_status":"closed","template":"page-templates\/template-flow-chart.php","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","inline_featured_image":false,"footnotes":""},"tags":[15956],"class_list":["post-96390","page","type-page","status-publish","hentry","tag-market-entry-by-role"],"acf":[],"semantic_search":{"post_id":96390,"title":"Becoming an Interconnector User","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/market-entry\/becoming-interconnector-user\/","categories":[],"tags":["How to enter the market by role"],"content":"    <div class=\"panel-content\">\n        <p>This page lists and details the step-by-step process of becoming an Interconnector User. You will also learn about what qualifications are needed, the relevant costs and charges and any other information you may need to know.<\/p>\n\n    <\/div>\n\n    <div class=\"panel-content\">\n        <h2 id=\"what-is-an-interconnector-user\">What is an Interconnector User?&#xA0;<\/h2>\n<p>Interconnector Users are Trading Parties that import and export electricity across an Interconnector. They buy and sell electricity from Generators, Suppliers and other Trading Parties operating in the market. Interconnector Users are responsible for the metering systems that record the amount of energy that they are importing and exporting.<\/p>\n<h2 id=\"video-on-the-vlp-market-entry-process\">Video on the Interconnector User Market Entry Process<\/h2>\n<p>This video explains the process for entering the energy market as an Interconnector User.<\/p>\n\t\n\t\t<!-- NOINDEX -->\n\t\t<div class=\"panel-section\">\n\t\t\t<div class=\"media-store-shortcode\" data-post-id=\"185737\">\n\t\t\t\t<iframe loading=\"lazy\" title=\"Interconnector User - Market Entry Process\" src=\"https:\/\/player.vimeo.com\/video\/635145803?dnt=1&amp;app_id=122963\" width=\"640\" height=\"360\" frameborder=\"0\" allow=\"autoplay; fullscreen; picture-in-picture; clipboard-write; encrypted-media; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\"><\/iframe><div>Video Published: October 2021<\/div><div>Video Length: 10 mins, 34 sec<\/div>\t\t\t<\/div>\n\t\t<\/div>\n\t\t<!-- ENDNOINDEX -->\n\t\n<p>&#xA0;<\/p>\n<ul>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/documents\/market-entry-exit\/market-entry-process\/interconnector-user-market-entry-process-video-transcript\/\" data-wpel-link=\"internal\">Interconnector User Market Entry Process video transcript<\/a><\/li>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/documents\/market-entry-exit\/market-entry-process\/interconnector-user-market-entry-process-video-presentation-slides\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Interconnector User Market Entry Process Presentation slides<\/a><\/li>\n<\/ul>\n<h2 id=\"qualifications-needed\">Qualifications needed<\/h2>\n<p>In order to qualify as an Interconnector User you will need to obtain the following qualification:<\/p>\n<ul>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/market-entry\/cva-qualification\/\">CVA Qualification<\/a><\/li>\n<\/ul>\n<p>The CVA Qualification is needed to prove that Interconnector Users have the ability to send certain communications to BSC Agents and ensure that certain communications are received.&#xA0;<\/p>\n<h2 id=\"costs\">Costs<\/h2>\n<p>Interconnector Users acceding to the BSC must pay a &#xA3;500 accession fee which covers the administrative costs of entering the market.<\/p>\n<p>Once acceded, a flat monthly fee of &#xA3;250 + VAT applies. This is known as a base monthly charge.&#xA0;<\/p>\n<h3>Credit cover<\/h3>\n<p>Charges are made to Parties (or by them) as a result of any imbalance (Trading Charges) 29 days after a Settlement Day. Over this period a Parties&#x2019; Credit Cover ensures it has enough collateral to cover these payments in case of default.<\/p>\n<p>We do not specify the amount of Credit Cover you must lodge; it is up to the Party to&#xA0;decide. Parties usually&#xA0;make this decision based on their&#xA0;trading characteristics.<\/p>\n<p>For more information on Credit Cover please see the <a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/settlement\/credit\/\">Credit Cover explained page<\/a>.<\/p>\n<h3>Other costs<\/h3>\n<p><strong>CVA BM Unit Charge &#x2013; &#xA3;0 (was &#xA3;100)<\/strong><\/p>\n<p>A charge is made against every CVA BM Unit for which the Interconnector is the Lead Party for all or part of the month. If the BM Unit is a Production BM Unit at an Export Exempt site where there are also one or more Consumption BM Units, then no charge is made.<\/p>\n<p><strong>Notified Volume Charge &#x2013; &#xA3;0.0005\/MWh<\/strong><\/p>\n<p>A charge is also payable against a Party&#x2019;s Gross Contract Volume.<\/p>\n<h3>Participant Test Service charges<\/h3>\n<p>For parties wanting to test\/re-test any flows you can use the PTS service to increase the level of assurance to individual companies, and to the industry as a whole.<\/p>\n<p>The service can be used before competing CVA Qualification testing and operating in the live environment, and to test any impacts as a result of changes to your business software.<\/p>\n<p>The PTS service is booked in half day test slots (9am-1pm\/1-5pm) and is charged at&#xA0;<strong>&#xA3;999+VAT per test slot<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/knowledgebase\/what-is-the-participant-test-service-pts-and-how-much-does-it-cost\/\" data-wpel-link=\"internal\">What is the Participant Test Service (PTS) and how much does it cost?<\/a><\/li>\n<\/ul>\n<p>To book a PTS test slot please submit a completed&#xA0;<a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/guidance-note\/participant-test-service-booking-form\/\" data-wpel-link=\"internal\">PTS Booking Form<\/a>&#xA0;to&#xA0;<a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/about\/elexon-key-contacts\/bsc-service-desk\/\" data-wpel-link=\"internal\">the BSC Service Desk<\/a>.<\/p>\n<h2 id=\"steps-needed-to-become-an-interconnector-user\">Steps needed to become an Interconnector User<\/h2>\n<p>You will need to go through various steps in order to register as an Interconnector User. The diagram below lists all the tasks required.<\/p>\n<p>Within the individual steps there are forms that need to be completed and details about financial transactions that need to take place. You can also use the Elexon Kinnect Customer Solution, where you will be directed to all the relevant steps needed to become an Interconnector User. Elexon Kinnect is a self-service gateway that offers a guided and streamlined market entry process.<\/p>\n<ul>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/operations-settlement\/bsc-central-services\/updating-bsc-systems\/\">More on Elexon Kinnect<\/a><\/li>\n<\/ul>\n\n    <\/div>\n\n<div class=\"pagebuilder-blocks\"><div class=\"panel-content\">\n    <h2 id=\"getting-started\">Getting started<\/h2>\n<p>The first thing to do is formally register your intent to become an Interconnector User. You can do this by completing an expression of interest form. If you would like a meeting to discuss any further questions you have please state your availability in the expression of interest form, and we will arrange a meeting with you to discuss your questions or alternatively please send us an email with your questions to <a href=\"mailto:market.entry@elexon.co.uk\">market.entry@elexon.co.uk<\/a>.<\/p>\n<ul>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/market-entry\/meeting-request-form\/\">Express your interest in joining the market<\/a><\/li>\n<\/ul>\n<p>After the meeting you will be issued with an Elexon Kinnect login. From there you can start to go through the market entry process.&#xA0;<\/p>\n\n<\/div><\/div>","s3_url":""},"_links":{"self":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/pages\/96390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/users\/407"}],"replies":[{"embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/comments?post=96390"}],"version-history":[{"count":12,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/pages\/96390\/revisions"}],"predecessor-version":[{"id":213096,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/pages\/96390\/revisions\/213096"}],"up":[{"embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/pages\/1936"}],"wp:attachment":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/media?parent=96390"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/tags?post=96390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}