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
Individual Liquidity Threshold Industry Panel Member Information Imbalance Charge Information Imbalance Charge Information Imbalance Price Initial Energy Credit Cover Initial Interim Initial National Demand Out-Turn Initial National Demand Out-Turn Daily Initial Notification Date Initial Payment Date Initial Physical Notification Initial Settlement Run Initial Transmission System Demand Out-Turn Initial Volume Allocation Run Initial Written Assessment Instantaneous Generation by Fuel Type Intellectual Property Rights Interconnected System Operator Interconnection Agreement Interconnector Interconnector Administrator Interconnector BM Unit Interconnector Boundary Point Interconnector Error Administrator Interconnector Metered Volume Interconnector Metered Volumes Interconnector Scheduled Transfer Interconnector User Interested Person Interim Information Settlement Run Interim Information Volume Allocation Run Invitee IS Policies Joint BM Unit Joint BM Unit Data kVAr kW kWh Last Resort Direction Lead Energy Account Lead Party Legal Requirement Letter of Credit Level 1 Credit Default Level 1 Credit Default Cure Period Level 2 Credit Default Licence Licence Restricted Party Licensable Generating Plant