Loading...

Helping you make sense of the energy and water sectors

Market research & Insight

Issue 832 | Ofgem decision to approve P354

Issue 832 | Ofgem decision to approve P354

Josephine Lord Josephine Lord Consultant

Assessment & recommendation Ofgem issued its decision on 18 June to approve the original of P354 Use of ABSVD for Non-BM Balancing Services at the Metered (MPAN) Level. The proposal, raised by ENGIE, will enable National Grid to provide Applicable Balancing Services Volume Data (ABSVD) for non-Balancing Mechanism (BM) balancing services to BSC central systems for allocation to the appropriate supplier BM Units. This will correct the supplier’s energy imbalance positions for energy that has been provided during the course of non-BM balancing service providers delivering balancing services. It will therefore mean that suppliers, or the balancing services providers ...

This is a subscription product

If you are a subscriber please log in



For more information or to subscribe
please contact us

Who we work for