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 Energy System Operator Limited, registered number 11014226 in its role as the holder of the Electricity System Operator (ESO) Licence and Gas System Planner (GSP) Licence, also referred to in the Code as the NETSO, and any reference to “NESO” or “NGC” 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

Intellectual Property Rights, Copyright and Disclaimer

The copyright and other intellectual property rights in this document are vested in Elexon or appear with the consent of the copyright owner. These materials are made available for you for the purposes of your participation in the electricity industry. If you have an interest in the electricity industry, you may view, download, copy, distribute, modify, transmit, publish, sell or create derivative works (in whatever format) from this document or in other cases use for personal academic or other non-commercial purposes. All copyright and other proprietary notices contained in the document must be retained on any copy you make.

All other rights of the copyright owner not expressly dealt with above are reserved.

No representation, warranty or guarantee is made that the information in this document is accurate or complete. While care is taken in the collection and provision of this information, Elexon Limited shall not be liable for any errors, omissions, misstatements or mistakes in any information or damages resulting from the use of this information or action taken in reliance on it.