Electricity Balancing Significant Code Review (EBSCR)

If a market participant generates or consumes more or less electricity than they have contracted for, they are exposed to the ‘imbalance price’, or ‘cash-out’ price, for the difference.  These electricity balancing arrangements provide incentives to invest in secure supplies to ‘balance’ positions and meet demand. 

In May 2014, we completed our Electricity Balancing Significant Code Review (EBSCR) following extensive stakeholder engagement and published our conclusions and recommendations for reform.