Energy codes
Decision on Balancing and Settlement Code Modification P447: Avoiding impact of Winter Contingency actions on cash-out prices
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The Authority has approved P447. This modification avoids a potential issue with cash-out calculations present if NGESO needed to call on the winter contingency service, which is available from 1st October 2022 to 31 March 2023.
Main document
[Decision to approve P447 [PDF, 126.12KB]
](https://www.ofgem.gov.uk/sites/default/files/2022-10/P447_Approval.pdf)