Acronyms and Defined Terms

Simple Guide

Elexon

is referred to as BSCCo in the BSC

Elexon Clear

is referred to as the BSC Clearer in the BSC

National Electricity Transmission System Operator

means National Grid Electricity System Operator Limited, registered number 11014226 whose registered office is 1-3 Strand, London WC2N 5EH, as the holder of the Transmission Licence in relation to which Section C (system operator standard conditions) of the standard Transmission Licence conditions applies and any reference to "NETSO", "NGESO", "National Grid Company" or "NGC" in the Code or any Code Subsidiary Document shall have the same meaning;

BSC Modification

is referred to as Code Modification in the BSC

AA

Annualised Advance

BMCAEC

Balancing Mechanism Credit Assessment Export Capability

BMCAIC

Balancing Mechanism Credit Assessment Import Capability

BMRA

Balancing Mechanism Reporting Agent

BRL

Balancing Reserve Level

BSAD

Balancing Services Adjustment Data

BSC

Balancing and Settlement Code

BSCP

Balancing and Settlement Code Procedure

CALF

Credit Assessment Load Factor

CAP

Credit Assessment Price

CAQCE

Credit Assessment Credited Energy Volume

CCGT

Combined Cycle Gas Turbine

CCP

Credit Cover Percentage

CDCA

Central Data Collection Agent

CEI

Credit Assessment Energy Indebtedness

CMRS

Central Meter Registration Service

CRA

Central Registration Agent

CRS

Central Registration Service

CVA

Central Volume Allocation

DC

Demand Capacity

EAC

Estimated Annual Consumption

EBGL

Electricity Balancing Guideline

ECC

Energy Credit Cover

ECVAA

Energy Contract Volume Aggregation Agent

ECVN

Energy Contract Volume Notification

ECVNA

Energy Contract Volume Notification Agent

FAA

Funds Administration Agent

GC

Generation Capacity

GSP

Grid Supply Point

HH

Half Hourly

HHDA

Half Hourly Data Aggregator

HHDC

Half Hourly Data Collector

IA

Interconnector Administrator

IBSAD

Indicative Balancing Services Adjustment Data

IEA

Interconnector Error Administrator

LC

Letter of Credit

MDD

Market Domain Data

MOA

Meter Operator Agent

MVRN

Metered Volume Reallocation Notification

MVRNA

Metered Volume Reallocation Notification Agent

NETSO

National Electricity Transmission System Operator

NHH

Non Half Hourly

NHHDA

Non Half Hourly Data Aggregator

NHHDC

Non Half Hourly Data Collector

P&SA

Pooling and Settlement Agreement

PAA

Performance Assurance Administrator

PAB

Performance Assurance Board

PEAC

Previous Estimated Annual Consumption

PES

Public Electricity Supplier

QABC

Account Bilateral Contract Volume

QCE

Credited Energy Volume

SAA

Settlement Administration Agent

SBP

System Buy Price

SMRA

Supplier Meter Registration Agent

SMRS

Supplier Meter Registration Service

SSP

System Sell Price

SVA

Supplier Volume Allocation

SVAA

Supplier Volume Allocation Agent

TAA

Technical Assurance Agent

TDC

Trading Disputes Committee

TLF

Transmission Loss Factor

TLFA

Transmission Loss Factor Determination Agent

TLM

Transmission Loss Multiplier

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