Energy codes
Decision on request to treat BSC Modification P447 ‘Avoiding impact of winter contingency actions on cash-out prices’ as an Urgent Modification Proposal
Share the page
BSC Modification Proposal P447 was raised by National Grid Electricity System Operator ('NGESO') on 29 September 2022. We understand that the proposed modification seeks to prevent imbalance price distortion caused by the introduction of a product that is extra-market.
NGESO requested that P447 be treated as an Urgent BSC Modification Proposal. We have decided that BSC Modification P447 should be progressed on an urgent basis for the reasons set out in this letter.
Main document
[Decision on Urgency P447 [PDF, 96.84KB]
](https://www.ofgem.gov.uk/sites/default/files/2022-10/Final%282%29_Decision%20on%20Urgency%20P447.pdf)