HomeRulebook HomeBalancing and Settlement CodeUser Requirements SpecificationsBalancing Mechanism Reporting Agent
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CONTENTS

  • 1 Introduction
    • 1.1 Purpose
    • 1.2 References
  • 2 Management Summary
  • 3 Scope of Specification
  • 4 Business and System Overview
    • 4.1 Summary of Business Requirements
    • 4.2 Service Context
    • 4.3 Numbering Scheme for Requirement Definitions
    • 4.4 Attributes of Individual Requirements
  • 5 Functional Requirements
    • 5.1 BMRA-F001: Calculate Balancing Mechanism and Replacement Reserve Volumes
    • 5.2 BMRA-F002: Calculate Indicative Period BM and RR Unit Total Accepted Bid and Offer Volume
    • 5.3 BMRA-F003: Calculate Estimated Period Balancing Mechanism and Replacement Reserve Bid and Offer Cashflows
    • 5.4 Not Used
      • 5.4.1 Not Used
      • 5.4.2 BMRA-F004b: Calculate Estimated System Buy and Sell Prices using the P217 methodology
    • 5.5 BMRA-F005: Postponement of Calculations
    • 5.6 BMRA-F006: Validate Market Index Data
    • 5.7 BMRA-F007: Generate Missing Market Index Data Messages
    • 5.8 BMRA-F008: Process Market Index Data Provider Liquidity Thresholds
    • 5.9 BMRA-F009: Validate Adjustment Data
    • 5.10 BMRA-F011: Process SO-SO Trades
    • 5.11 BMRA-F012: Process Settlement Exchange Rate
  • 6 External interfaces
    • 6.1 Overview
    • 6.2 Inbound Interface Requirements
    • 6.3 Outbound Interface Requirements
  • 7 Non-Functional Requirements
    • 7.1 BMRA-N001: Security for BMRA Service
  • 8 Service Requirements
    • 8.1 BMRA-S001: High Grade BMRA Service Availability
    • 8.2 BMRA-S002: Low Grade BMRA Service Availability
    • 8.3 BMRA-S003: Data Storage
    • 8.4 BMRA-S005: Data Access and Display
    • 8.5 BMRA-S006: Volumetric Requirements
    • 8.6 BMRA-S007: Resilience Requirements
  • 9 User Roles and Activities
  • 10 Future Enhancements
  • Appendix A Glossary
  • Appendix B Requirement Summary Matrix
  • Appendix C BMRA external data flow timings and formats
  • Appendix D BMRA forecast data time-line
  • Appendix E BMRA settlement period time-line
  • Appendix F Logical Data Model
  • Appendix G Price Derivation Code Definitions

Balancing Mechanism Reporting Agent V25.0

Effective From Date:26/06/2025
Status:LIVE
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