P194: Revised derivation of the main energy imbalance price.

Publication type:
Correspondence and other
Publication date:
Topic:
Energy codes
Subtopic:
Balancing and settlement code (BSC)

amend the main energy imbalance price such that only a predefined volume of balancing actions will contribute to the calculation of a volume weighted imbalance price. Ofgem issued this decision letter on 23 March 2006, approving P194.