, formally titled "Utilising a Baselining Methodology to set Physical Notifications," is a modification to the UK's Balancing and Settlement Code (BSC) . Approved by Ofgem and managed by Elexon , it aims to level the playing field for smaller, flexible energy providers—such as demand-side response aggregators—participating in the Balancing Market. The Problem: The "Physical Notification" Barrier
Understanding P376: The Shift to Baselining in Energy Settlement Introduction , formally titled "Utilising a Baselining Methodology to
Providers still submit an FPN to National Grid (NGESO) so the grid knows what to expect in real-time. , formally titled "Utilising a Baselining Methodology to
Implements standardized algorithms (like the BL01 methodology) that account for differences between working days and weekends. , formally titled "Utilising a Baselining Methodology to
, formally titled "Utilising a Baselining Methodology to set Physical Notifications," is a modification to the UK's Balancing and Settlement Code (BSC) . Approved by Ofgem and managed by Elexon , it aims to level the playing field for smaller, flexible energy providers—such as demand-side response aggregators—participating in the Balancing Market. The Problem: The "Physical Notification" Barrier
Understanding P376: The Shift to Baselining in Energy Settlement Introduction
Providers still submit an FPN to National Grid (NGESO) so the grid knows what to expect in real-time.
Implements standardized algorithms (like the BL01 methodology) that account for differences between working days and weekends.