Video and Podcasts
Providing a comprehensive list of videos that are available on the BSC website in one location, including webinars, training, tutorials, presentations and interviews.
Latest Elexon videos
BSC & Codes
This page includes links to the Balancing and Settlement Code as well as to the related BSC documents, links to the Simple Guides and Guidance Notes which Elexon have produced as explanatory information and guides to the BSC, and links to web pages about Code Administration Code of Practice (CACoP).
For the latest conformed versions of BSC Documents awaiting implementation please see the Changes Awaiting Implementation web page.
March 2019 Standalone Release
What Elexon does and our strategy
Balancing & Settlement Code
The Balancing & Settlement Code (BSC) is available as Individual Sections, a Consolidated Operational version or a Consolidated Legal version.
New Test Post
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New Consultation Test
Test Teaser
Credit Cover explained
The purpose of Credit Cover is to ensure that, should a Trading Party default, sufficient collateral is available to pay any debts. If a Party does not have sufficient funds it will enter into Credit Default.
P445 Report Phase Consultation
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).
Training videos
Training on Credit and Credit Default
This page contains training videos and training materials on Credit and Credit Default. This training will be of interest to customers who want to understand the Credit Cover arrangements and in particular new BSC Parties before they register their first Balancing Mechanism (BM) Unit.
Elexon Kinnect Insight Solution video
Training on the Performance Assurance Framework
This course will be of interest to customers operating in the Supplier Volume Allocation side of settlement who want to understand the risk management and assurance provided under the BSC. […]
Training on Technical Assurance of Metering Systems
This course will be of particular interest to customers working in a metering related role at their organisation. Technical Assurance of Metering applies to organisations with meters registered in the Central Volume […]
Training on managing erroneous EACs and AAs
This course will interest customers working in Supply, Non Half Hourly (NHH) Data Aggregator or NHH Data Collector businesses. It is aimed at customers directly involved with the large Estimated […]
Change and Modification videos
Section Z: Performance Assurance
Section Z of the BSC covers the establishment of the Performance Assurance Board (the PAB) - its powers and functions, the duties and responsibilities of its members, and its proceedings; performance assurance procedures; Risk Management Determination (RMD) Queries and Appeals; and the administration and implementation of Performance Assurance Techniques (PATs).