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Balancing and Settlement Code
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The Defaulting Party and Failing Supplier Process
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CONTENTS
Default
ing Parties
What are Trade Sales and
Supplier
s of Last Resort?
What is Elexon’s role?
What is the role of the BSC
Panel
?
How is the Failing
Supplier
managed?
What is a Trade Sale?
What happens when a
Supplier
of Last Resort
is appointed?
What is the
Replacement
Supplier
responsible for?
How is
Energy Indebtedness
affected?
How does the Data Transfer Network manage this?
What about the money
Default
ing Parties owe?
What should I do if I have questions?
The Defaulting Party and Failing Supplier Process V7.0
Effective From Date:
07/10/2025
Status:
LIVE
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