BSC definition

BSC means the balancing and settlement code required to be in place, pursuant to the transmission licence granted to the transmission company in England and Wales, as from time to time modified.
BSC means the Balancing and Settlement Code that is provided for in Standard Condition C3 (Balancing and Settlement Code (BSC)) of the Transmission Licence;

Examples of BSC in a sentence

  • Surrogate loading processes are described in Section 6.1.3 of Commercial Spent Nuclear Fuel Waste Package Misload Analysis (BSC 2003).

  • II)/ ITG-Software Development Services/43688/2022To, DirectorGeneral Services DepartmentSBP Banking Services Corporation (HOK) 4th Floor BSC House, I.

  • Transmission losses are allocated to BSC Parties (‘Parties’) as part of their Trading Charges, by adjusting individual BM Unit Metered Volumes in Settlement through a Transmission Loss Multiplier (TLM).

  • The Member considered that this requirement made it difficult to give consideration to whether, within a set of related proposals such as P198, P200 and P203, one proposal might better facilitate the achievement of the Applicable BSC Objectives relative to another.

  • Where HH metering data is required for UoS charging and this is not provided to SEPD acting as our billing agent, in accordance with the BSC or DCUSA, such metering data shall be provided to SEPD by the User of the system in respect of each calendar month within five working days of the end of that calendar month.


More Definitions of BSC

BSC means the Balancing and Settlement Code designated by the Secretary of State with the approval of the Authority; “CfD” is a charge associated with meeting our obligations under the CfD Payment Regulations, excluding any operational cost levy payment as defined in those regulations; “CfD Payment Regulations“ means the Contracts for Difference (Electricity Supplier Obligations) Regulations 2014; “Change of Measurement Class” has the meaning set out in the BSC;
BSC means the balancing and settlement code provided for in paragraph 1 of standard condition C3 (Balancing and Settlement Code (BSC)), as from time to time modified in accordance with that condition.
BSC means the Balancing and Settlement Code required to be in place, pursuant to the transmission licence granted to the system operator, as from time to time modified."BSC Framework Agreement"means the agreement of that title, in the form approved by the Secretary of State, by which the BSC is made contractually binding between the parties to that agreement, as from time to time amended with the consent of the Secretary of State."core industry documents"mean those documents which: