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Market research & Insight

1020 | BSC Panel

Tom Edwards Tom Edwards Senior Modelling Consultant

BSC Panel Meeting 8 October 2020 Assessment Headlines Elexon presented an update on modifications being delayed as a result of COVID-19 prioritisation, including: P332 Revisions to the Supplier Hub Principle. Two new modifications were presented to the Panel P414 Allowing a Party to Withdraw from the BSC and Transfer Outstanding Liabilities to Another Party. This aims to allow withdrawing parties to transfer liabilities to another party to speed up the exit process. P415 Facilitating Access to Wholesale Markets for Flexibility Dispatched by Virtual Lead Parties. This aims to allow Virtual Lead Parties to become non-physical traders and nominate volumes into the wholesale ...

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