Glossary
PN (Physical Notification)
a BM Unit's notified intended MW level for a half-hour. A near-real-time plan, submitted before gate closure - not a meter (it can diverge widely from actual once balancing actions land). Used as the curtailment baseline + the Phase-4 per-station "live" figure.
More terms
- Balancing Mechanism (BM)
- BESS
- BM Unit (BMU)
- BMRS
- Carbon intensity
- CCGT / OCGT
- Curtailment
- DNO region
- Elexon
- Embedded (distributed) generation
- GB vs UK
- Generation mix
- Grid frequency
- Imbalance / cash-out price
- INDO / NDF
- Interconnector
- ITSDO / TSDF
- Metered / transmission-connected
- MID
- NESO
- NIV (Net Imbalance Volume)
- PS / NPSHYD
- PV Live
- REMIT
- REPD
- Settlement period