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
Metering Dispensation Metering Equipment Metering Equipment Technical Details Metering Point Metering System Metering System Identifier Minimum Non-Zero Time Minimum Zero Time Modification Business Modification Group Modification Procedures Modification Proposal Modification Register Modification Report Modification Secretary Monthly Consumption-Charging Net SVA Costs Monthly Default Costs Monthly Net Main Costs Monthly NETA Recovery Amount Monthly payment Monthly Production-Charging SVA Costs Monthly Progress Report MRA BSC Agent MSID MVRNA Authorisation MW MWh National Demand National Demand Forecast National Demand Forecast Day National Demand Forecast Week Net Imbalance Volume Net Payment Amount New Electricity Trading Arrangements NIV Tagged Bid NIV Tagged EBVA NIV Tagged ESVA NIV Tagged Offer NIV Tagged SBVA NIV Tagged SSVA NIV Tagged System Total Un-priced Bid Volume NIV Tagged System Total Un-priced Offer Volume NIV Untagged EBVA NIV Untagged ESVA Nominated Agreements Non-arbitrage Bids Non-arbitrage Offers Non-BM STOR instruction Non-De Minimis Accepted Bids Non-De Minimis Accepted Offers