Balancing and Settlement Code (BSC) P291: REMIT Inside Information Reporting Platform for GB Electricity
Decision
Publication date
Industry sector
Generation and Wholesale Market
P291 seeks to modify the Balancing and Settlement Code (BSC) to allow the reporting of insider information required by the European REMIT regulation through the Balancing Mechanism Reporting System (BMRS) as a central platform for the GB electricity sector.
Decision summary – “The Authority approved proposed modification P291 as better facilitating a number of the BSC Applicable Objectives – (b), (c ), and (d). This letter sets out the reasons for our decision.”