Examples of Balancing and Settlement Code in a sentence
Registrant means in relation to a Metering System, the person for the time being registered in CMRS or (as the case may be) SMRS in respect of that Metering System pursuant to Section K of the Balancing and Settlement Code.
This Report has been prepared by ELEXON Ltd., on behalf of the Balancing and Settlement Code Panel (‘the Panel’), in accordance with the terms of the Balancing and Settlement Code (‘BSC’).
Unless defined in this Statement, terms used herein shall have the same meanings given to them in the Transmission Licence, the Grid Code and/or the Balancing and Settlement Code as the case may be.
The Statement makes reference to a number of definitions contained in the Grid Code and Balancing and Settlement Code.
We will only agree to you appointing your own meter agent if the person you intend to appoint is accredited under the Balancing and Settlement Code to carry out the role, there is a contract in place between you and the meter agent setting out your and their responsibilities, and if you are responsible for paying the fees of the meter agent.