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BSCP25Registration of Transmission System Boundary Points, Grid Supply Points, GSP Groups and Distribution Systems Connection PointsVersion 8.0Balancing and Settlement Code BSC PROCEDUREFTRegistration

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Who needs balancing and settlement code?

01

Energy companies involved in the generation, transmission, or distribution of electricity or gas.

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Entities participating in energy markets or trading activities.

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Regulatory bodies overseeing the energy sector.

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Any other entity required to comply with regulations related to balancing and settlement in the energy industry.

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What is balancing and settlement code?

Balancing and settlement code is a unique identifier used in the energy industry to track and settle transactions between market participants.

Who is required to file balancing and settlement code?

Market participants, such as energy suppliers and distributors, are required to file balancing and settlement code.

How to fill out balancing and settlement code?

Balancing and settlement code can be filled out through the designated online portal provided by the regulatory authority.

What is the purpose of balancing and settlement code?

The purpose of balancing and settlement code is to ensure accurate tracking and settlement of energy transactions to maintain market integrity.

What information must be reported on balancing and settlement code?

Information such as transaction details, participant information, and settlement amounts must be reported on balancing and settlement code.

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