User Requirements Specification: Settlement Administration Agent

The Settlement Administration Agent is responsible for calculating payments resulting from trades in both the Balancing Mechanism and Imbalance Settlement processes. This document describes the detailed requirements of this service.

The purpose of this document is to provide a complete specification of the set of business requirements which the SAA service must satisfy for all of its various user types. These range from the BSC Parties to BSCCo Ltd and its various agents, including the operators of the SAA itself and the other BSC services.

The Settlement Administration Agent (SAA) is one of the suite of seven services that support the operation of the Balancing and Settlement Code (BSC).The SAA role is critical to the successful operation of the BSC, as it calculates the credit and debit payments resulting both from trades made in the Balancing Mechanism (BM) and from imbalances between contracted and actual generation or consumption.