Trading Disputes Committee

The TDC is appointed by and reports to the BSC Panel. Its principal functions and powers are:

• To investigate and resolve all Trading Disputes;
• To monitor the operation of, and recommend Modifications to, the BSC Procedures which support the Dispute processes; and
• To recommend Modification or Change Proposals to the BSC Panel arising from TDC activities.

The TDC is also responsible for ruling on claims of Manifest Error, determining the replacement bid/offer prices in such circumstances, and considering any claims for compensation.

Remit

• Trading Disputes Committee Terms of Reference (Size: )

Trading Disputes provide a mechanism for correcting identified Settlement Errors. It allows for energy that was incorrectly calculated to be re-calculated, and the corrected Trading Charges distributed accordingly. The Trading Disputes Committee (TDC) hears all Disputes that we think are valid.

Understanding the disputes process

The Disputes process is a way for BSC Parties to correct errors in Settlement that have affected Trading Charges. All Trading Disputes are assessed against three criteria, which must be met for the Dispute to be upheld. Disputes are confidential.

• Guidance Note on the Trading Disputes Process

Role of the BSC Panel

This procedure has been established by the BSC Panel in connection with its consideration and determination of these Trading Disputes and, if applicable, the Panel’s role in any necessary consequential adjustments to settlement. This sets out procedural matters relating to the making of Referrals and the conduct of Panel hearings. It does not seek to repeat or replace Section W of the BSC. It does not apply to disputes which are not Trading Disputes.

• Guidance Note on Trading Disputes Determination by Panel

Maintaining impartiality and transparency

This Policy Statement explains the philosophy adopted by ELEXON to ensure impartiality and transparency when administering Trading Disputes. This is ELEXON’s own Policy Statement and is designed to supplement existing BSC documentation. For the avoidance of doubt, BSCP11 ‘Trading Disputes’ shall remain the relevant process document.

• Administering Trading Disputes

• PDF version of committee dates (Size: )

We have decided, save in exceptional circumstances, we will not be re-opening the Elexon office to external visitors until at least the beginning of 2021 and we will therefore continue to hold all meetings, committees and workgroups virtually. This was decided after viewing the feedback and results from an internal and external survey. 

To recognise this prolonged change to our working arrangements, we have created a set of principles to be followed when holding online meetings. These principles will be highlighted at the beginning of each meeting to hopefully improve your virtual meeting experience.

• Digital meeting etiquette