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Balancing Services Adjustment Data (BSAD) Forward Contracts

NESO·data_release·medium·20 Nov 2019·64 words·source

Summary

NESO publishes Balancing Services Adjustment Data (BSAD) which records balancing actions taken outside the formal balancing mechanism that need to be submitted to the Balancing & Settlement Code. This operational data is updated twice daily and covers system operator actions not captured through standard balancing mechanism processes.

Why it matters

This data provides transparency into NESO's balancing actions and costs, helping market participants understand system operation costs and potential settlement impacts outside the main balancing mechanism.

Key facts

  • Dataset updated twice daily
  • Covers balancing actions outside the balancing mechanism
  • Data submitted to Balancing & Settlement Code (BSC)

Areas affected

generatorssupplierswholesale markettransmission

Related programmes

Market-wide Half-Hourly Settlement

Publisher description

Balancing Services Adjustment Data (BSAD) is used to submit balancing actions to the Balancing & Settlement Code (BSC), which defines the rules and governance for the balancing mechanism and imbalance settlement processes of electricity in Great Britain. BSAD covers actions taken outside of the balancing mechanism. This dataset gets updated twice daily.<br/> <br/> >The BSAD methodology statement can be found here: <span style="color:blue"> [https://www.nationalgrideso.com/document/110891/downl

Full extracted text
Balancing Services Adjustment Data (BSAD) is used to submit balancing actions to the Balancing & Settlement Code (BSC), which defines the rules and governance for the balancing mechanism and imbalance settlement processes of electricity in Great Britain. BSAD covers actions taken outside of the balancing mechanism. This dataset gets updated twice daily.<br/>
<br/>
>The BSAD methodology statement can be found here: <span style="color:blue"> [https://www.nationalgrideso.com/document/110891/download](https://www.nationalgrideso.com/document/110891/download)</span>