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BSC Panel
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Do you have any further questions?
Please contact:
Laone Roscorla
Committee Co-ordination and Support Manager
Telephone: 020 7380 4120
Email: laone.roscorla@elexon.co.uk
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The BSC places an obligation on the BSC Panel to ensure that the provisions of the
BSC are given effect: fully, promptly, fairly, economically, efficiently, transparently
and in such a manner as will promote effective competition in the generation, supply,
sale and purchase of electricity.
BSC Panel functions include:
- Ensuring that the BSC is given effect, according to its terms, and ensuring that BSC Parties comply with the BSC provisions.
- Establishing Panel Committees of industry experts to carry out functions on its behalf, including establishing arrangements for resolving Trading Disputes arising under the BSC.
- Deciding on the suspension of specific rights of any Defaulting BSC Party according to Section H of the BSC.
- Overseeing changes to the BSC through the Modification process, and recommending to the Authority on whether Modification Proposals should be approved.
- Adopting new and revised Code Subsidiary Documents (CSDs).
- Determining values for trading parameters to be applied in the BSC, and recommending to the Authority in respect of others.
- Acting as an appeal body in some instances, e.g. Trading Dispute Referrals.
- Providing reports and other information to the Authority.
- Setting the terms of reference for the BSC Auditor and considering the BSC Audit Report.
- Approving the Business Strategy prepared by ELEXON for each BSC Year.
The BSC Panel must assess Modification Proposals against a defined set of criteria laid out in the Transmission Company’s Licence. These are known as the Applicable BSC Objectives.
Panel Members must act impartially and not be representative of any one Party or class of Parties. A full list of the BSC Panel functions and details of the Applicable BSC Objectives are published in BSC Section B. Trading Parties electIndustry Panel Members for two-year terms. The last election was in 2008. The next will be this summer. Email communications@elexon.co.uk for more information on the elections.
Click on the links on the left hand side for more information and Panel and Panel Committee meeting documents. For information on joining a Committee, visit the Volunteering for Membership. For further information or to attend a meeting, please contact Laone Roscorla.
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New statutory duties introduced by the provisions of the Energy Act 2004
Section 3A of the Electricity Act 1989 contains a number of principal objectives
and general duties which must be considered by the Secretary of State for Trade
& Industry and the Gas and Electricity Market’s Authority when carrying out
their respective functions under Part I of the Electricity Act. The Energy Act 2004
inserts two new duties in section 3A of the Electricity Act. For further details
about these new duties download the letter issued by Ofgem on 8 November 2004,
in PDF format.
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