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Issue 591 | P342

Issue 591 | P342

Tom Edwards Tom Edwards Senior Consultant

New BSC modification proposalP342 Change to Gate Closure for Energy Contract Volume Notifications 6 June 2016 This proposal was raised by EDF Energy on 25 May, and would introduce the concept of a ‘Final Energy Contract Volume Notification (ECVN) Submission Time’ for each Settlement Period. This would be decoupled from the current Gate Closure time (one hour ahead of the settlement period), and instead be set 30 minutes after the end of the Settlement Period. National Grid has noted it has no preference on how long contracts can be traded for as long as final physical notifications are still submitted at the ...

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