BSC Changes impacting an Interconnector User
This page shows which Modifications and Change Proposals have been identified as impacting an Interconnector User. Please note that the assessment of where impacts may affect certain roles within the electricity market may be amended during the course of the Change process.
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P445 ‘Improving efficiency of Default Funding Share process and Energy Supply Company Administration’
This Modification seeks to allow the Funds Administration Agent (FAA) to process a Default Funding Share for unpaid Trading Charges earlier to reduce the cost of the borrowing facility and reduce the risk of shortfall. The Modification will also allow the Panel to instruct the FAA to release Trading Charges where the default relates to an Energy Supply Company Administration (ESCA).
P417: Move credit templates and insurance products to the BSC Website
[page teaser field]This Modification seeks to remove the Letter of Credit templates and Approved Insurance Product requirements from annexes M1 – M4 of the BSC. The Modification also seeks to place a requirement on Elexon to publish the Letter of Credit templates and Approved Insurance Product requirements on the BSC Website.