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