Introduction

GeneralObligation and Entitlement of Parties

Data Requirements

Data Receipt and Validation

Provision of Market Index Data

Single (contingency) Imbalance Price (following Secretary of State direction)

Allocation of Transmission LossesDelivering and Offtaking Trading Units

Transmission Loss Factors

Determination of Transmission Loss Multipliers

Settlement of Balancing Mechanism ActionsConversion of Data Received from the Transmission Company

Price Average Reference

Replacement Price Average Reference

Establishment of Final Physical Notification (FPN)

Establishment of Bid-Offer Volume

Establishment of Acceptance Volume

Establishment of Bid-Offer Upper Range and Bid-Offer Lower Range in relation to FPN and Submitted Bid-Offer Pairs

Determination of Accepted Bid-Offer Volume

Accepted Offer Volumes and Accepted Bid Volumes

Determination of Period Accepted Offer Volume and Period Accepted Bid Volume

Determination of Period Priced Accepted Offer Volume and Period Priced Accepted Bid Volume

Determination of Period BM Unit Total Accepted Offer Volume and Period BM Unit Total Accepted Bid Volume

Determination of Period BM Unit Total Priced Accepted Offer Volume and Period BM Unit Total Priced Accepted Bid Volume

Determination of Period BM Unit Offer Cashflow and Period BM Unit Bid Cashflow

Determination of Period BM Unit Cashflow

Determination of Total System BM Cashflow and Daily Party BM Unit Cashflow

Determination of Network Gas Supply Total Bid Payment

Determination of Reserve Scarcity Price

Determination of STOR Action Price

Determination of System and Balancing Demand Control Volumes

Determination of Supplemental Balancing Reserve (SBR) Actions and the SBR Action Price

Settlement CalculationsTreatment of Interconnector BM Units

Determination of BM Unit Metered Volume for Supplier BM Units

Determination of Information Imbalance Volumes and Charges

Determination of Energy Imbalance Prices

Determination of Credited Energy Volumes for each Energy Account

Determination of Energy Imbalance for each Energy Account

Determination of Energy Imbalance Cashflows

Non-Delivery Rule and Calculations

Determination of System Operator BM Cashflow

Determination of Residual Cashflow Allocations

SettlementResponsibility of SAA

Requirement to carry out Settlement Runs

Submission of Settlement Data

Failure of SAA's systems etc.

Additional Calculations

Calculation of BM Unit Chargeable Demand of the EMR Settlement Services Provider

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