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.
Glossary terms beginning with 'S'
SAS Meter Operator Scheme Framework Agreement Scottish Distribution Company Scottish Distribution Licensee Scottish Distributor Recovery Period Scottish Operational Run-Off Costs Scottish Trading Parties Secondary Supplier Secretary of State Self Assessment Document Sell Price Cost Adjustment (Energy) Sell Price Price Adjustment Sell Price Volume Adjustment (Energy) Sell Price Volume Adjustment (System) Serial Settlement Settlement Account Settlement Administration Agent Settlement Agreement for Scotland Settlement Bank Settlement Calendar Settlement Day Settlement Day Duration Settlement Final (Run) Settlement Payment Date Settlement Period Settlement Period Duration Settlement Risks Settlement Run Shared SVA Meter Arrangement Shared SVA Metering System Short Term Operating Reserve Shortfall Amount Shortfall Creditor Significant Change of Demand Small Scale Third Party Generating Plant Small Scale Third Party Generating Plant Limit Sole Trading Unit SP04 Completion Date SP04 Exclusion Period Specified Assets and Equipment Specified SVA Charges Stable Export Limit Stable Import Limit Stage 2 Disputes Administrator Standard Settlement Class/Configuration How a Non Half Hourly meter is configured for settlement.
Standard Settlement Configuration Start Point Demand Control Level Sterling or £ STOR action STOR Action Price STOR Instructed Volume Submission Deadline Submitted Bid-Offer Pair Subsidiary Subsidiary Energy Account Subsidiary Party Supplemental Agreement Supplier Supplier Agent Supplier BM Unit Supplier Deemed Take Supplier Export Credit Assessment Load Factor Supplier Force Majeure Supplier ID Supplier Meter Registration Agent Supplier Meter Registration Service Supplier of Last Resort Supplier Purchase Matrix Supplier Settlement Run Supplier Volume Allocation Supplier Volume Allocation Agent Supplier Volume Allocation System Supplier’s Monthly Cap Supply Licence Surplus SVA Communication SVA (Consumption) Funding Share SVA Costs SVA Customer SVA Data Catalogue SVA Generator SVA Metering Equipment SVA Metering System SVA Metering System Number SVA (Production) Funding Share SVA Specified Charge SVAA Service Line System System Buy Price System Demand Control Volume System Frequency System Operator BM Cashflow System Sell Price System Total Accepted Bid Volume System Total Accepted Offer Volume System Total Un-Priced Accepted Bid Volume System Total Un-Priced Accepted Offer Volume System Warning System Zone Systems Connection Point Systems Connection Point Metering System