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Issue 525 | P324

Issue 525 | P324

New modificationP324 Review of BSCCo’s Governance: Introducing Improved Accountability to BSC Parties 15 September 2015 National Grid raised new modification P324 on 24 July that looks to update the Balancing and Settlement Code Company’s (BSCCo) governance to bring it in line with current best practice. It aims to achieve this through increasing the BSCCo’s accountability to Balancing and Settlement Code (BSC) parties and improving efficiency by clarifying the roles of the BSCCo Board and the BSC Panel. P324 key proposals include: Introducing the ability for BSC parties to remove any director of BSCCo The automatic appointment of ...

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