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What is a BSC Party?

April 26, 2017BSC party

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What is a BSC Party?

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A BSC Party is any company that has signed the Balancing and Settlement Code Framework Agreement. This includes all licensed electricity companies in Great Britain who are obliged by their licence obligations to sign the BSC. Other companies may choose to do so. A BSC Party is bound by the terms of the BSC, and is subject to certain consequences if they fail to abide by these terms. A full list of BSC Parties can be found on this website.