Glossary
P146 – New Participation Capacity to the BSC – Clearing House
Formal title: New Participation Capacity to the BSC – Clearing House
Current Status
Submission
Initial Written Assessment
Assessment Procedure
Report Phase
With Authority
Awaiting Implementation
Implemented
Summary
A new Participation Category of a “Clearing House” will be established under Section A of the BSC. A Party operating as a Clearing House shall hold Energy Accounts, and will be able to submit Energy Contract Notifications for these accounts.
Progression
The BSC Panel recommended that the Proposed Modification should not be made and that the Alternative Modification should be made. The Authority rejected both the Proposed and Alternative Modification on 17 August 2003.