ELEXON is the Balancing and Settlement Code Company (BSCCo) established under the provisions of the Balancing and Settlement Code (BSC).
Our role is to administer the wholesale electricity balancing and settlement arrangements for Great Britain. This affects all of Great Britain's electricity users, some 28 million customers, and the energy companies that generate and supply the electricity. The documentation that governs these arrangements is the Balancing and Settlement Code.
We procure, manage and operate the services and systems to facilitate balancing and settlement of electricity and pride ourselves on delivering a high quality, transparent and impartial service to electricity suppliers, generators, traders and related organisations.
All licensed electricity companies are obliged to sign the BSC, other companies may choose to do so and this allows them to participate in the operation and development of the BSC arrangements.
ELEXON is a not-for-profit organisation, funded by the companies that sign the BSC.
ELEXON is the primary source of experience and expertise on the BSC and information about its operation.
For further information visit ELEXON.co.uk