BSC Changes impacting a Virtual Lead Party

Glossary

This page shows which Modifications and Change Proposals have been identified as impacting a Virtual Lead Party. 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.

(Showing items 1-10 of 26)

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P472 Amendment to provisions for Parties to bring claims against BSC Agents in BSC Section E

This Modification proposes to amend BSC Section E to remove the requirement for Parties to be able to bring claims against BSC Agents. An industry Workgroup will be formed to consider what other measures (if any) might be appropriate to mitigate the impact of this on Parties.

 

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P467 Enduring Solution in an event of a Gas Deficit Emergency (GDE)

This is a follow on Modification from Issue 105 and provides an enduring solution in an event of a Gas Deficit Emergency (GDE). 

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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.

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P415 Facilitating access to wholesale markets for flexibility dispatched by Virtual Lead Parties

P415 seeks to amend the BSC to allow Virtual Lead Parties (VLPs) to participate in the GB wholesale market. 

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P470 Protecting the Imbalance Price from IOLC related distortions

P470 seeks to reprice Offer prices in the Imbalance Settlement Price calculation where those Offers were impacted by price restrictions introduced by the Inflexible Offers Licence Condition (IOLC).

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P451 Updating BSC Black Start provisions and compensation arrangements

P451 seeks to facilitate the implementation of NGESO’s new approach to Black Start, termed System Restoration. In doing so, it proposes to update all BSC references to “Black Start” to “System Restoration”, and enable contracted Restoration Service Providers who are non-BSC parties to claim BSC Black Start compensation.

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P454 Removal of BSC obligations to provide BMRS Data via TIBCO and the High Grade Service

This Modification would remove the existing requirement within BSC Section V ‘Reporting’ for the Balancing Mechanism Reporting Agent (BMRA) to provide BMR Service (BMRS) data via the legacy High Grade Service, otherwise referred to as the TIBCO service.

P454 is a recommendation from BSC Issue 95, which considered the impacts associated with maintaining the legacy TIBCO service.

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P466 BSC Section N Modernisation

This Modification seeks to update BSC Section N ‘Clearing Invoicing and Payment’ to support the effective running of the Funds Administration Agent (FAA). The Modification will align the BSC with Elexon’s updated financial systems and modern banking practices to increase the efficiency of service provided to industry.

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P460 Amend the responsibility to propose and consult on a MHHS Migration Plan

P460 aims to change responsibility for proposing, consulting on and obtaining approval of the Market-wide Half Hourly Settlement (MHHS) Migration Plan from BSCCo to the Market-wide Half Hourly Settlement Programme (MHHSP).

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P457 Replace the Electricity Arbitration Association with the London Court of International Arbitration

P457 proposes to remove the Electricity Arbitration Association (EAA) from the BSC and replace with the London Court of International Arbitration (LCIA) to deliver better value for money and service.

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