Trading Stage 2 CONSTITUTION
  • Sub Committee of the Executive Committee
  • Reports to the Executive Committee

    The overall purpose of the Trading Stage 2 (TS2) is, where identified in the
    Business Plan or delegated from the Executive Committee, to:
  1. Monitor and manage the operation of the Stage 2 Settlement;
  2. Approve and manage change to Stage 2 Settlement; and
  3. Take forward development projects for Stage 2 Settlement.
Additionally, the TS2 will perform these activities for the 100kW market until such
time as migration is complete.

MEMBERSHIP

Chairman
  • The Executive Committee will determine the Chairman. In his absence the CEO
    will provide a Chairman. The Chairman of the meeting in his capacity as Chairman
    shall not have any vote at meetings of the TS2.
Voting Representatives
  • 1 Representative nominated by each Executive Committee Member
Each Sub Committee Member may appoint any person to be his alternate.

Non Voting Representatives
  • Representative nominated by each of the Chief Executive, the Director Gener
    al of Electricity Supply, the Pool Auditor and of such of the service functions
    (Settlement System Administrator, Initial Settlement and Reconciliation Agent,
    Scottish Electricity Settlement Limited, Meter Operator Parties, Profiling
    Administrator, Supplier Agents, Pool Funds Administrator, Grid Operator,
    Ancillary Services Provider) as may from time to time be judged appropriate by the
    Chairman.

  • Committee Secretary

  • Appropriate experts may be invited by the Chairman to attend a meeting as necessary.
QUORUM AND DECISION MAKING

A quorum shall comprise 6 voting members or their alternates. Individual Committee
Members are appointed to represent the interests of the Pool and must carry out all
duties and responsibilities without favour or prejudice.

Decisions of the TS2 will be by 65% majority of those present [and voting] and will
not have binding effect unless the Executive Committee shall have delegated the
relevant decision making powers or subsequently approves the decision by resolution.

Decisions of the meeting should be reported to the Pool Members within 3 working
days of the meeting. Any Pool Member can appeal a decision to the Executive
Committee within 5 working days of the decisions being notified. An appeal of any
decision must be channelled through the members' representative on the TS2.

FREQUENCY OF MEETINGS

Meetings shall be held at least monthly and arranged so that minutes of the meetings
can be circulated to Committee Members in time for consideration before the next
following regular meeting of the PEC; extraordinary meetings may be requested by
any TS2 member subject to agreement by the Chairman.

AUTHORITY AND DUTIES

To advise and make recommendations to the Executive Committee on Stage 2
Settlement and, until such time as migration is complete, the 100kW Market.

In particular the TS2G will be responsible for:

  1. The control of funds and planning of the activities allocated to it by the Executive
    Committee in accordance with the Pool Business Plan.

  2. Managing the operation of Stage 2 Settlement to meet Pool Members' requirements.

  3. Recommending changes to Pool Rules relating to Stage 2 Settlement (these will subsequently be presented to the Development Group for endorsement).

  4. Approving changes to:

    1. Service Lines and Agreed Procedures relating to Stage 2 Settlement; and
    2. other controlled documents specifying Stage 2 Settlement; and
    3. Operation Policies as delegated by PEC.

  5. Investigating any issues raised about the performance of Stage 2 Settlement.

  6. Managing change to Stage 2 Settlement.

  7. Investigation and progression of issues for ad hoc software projects and maintenance projects for Stage 2 Settlement.

  8. Identifying issues worthy of development relating to Stage 2 Settlement. Thereafter, making proposals (for incorporation in the Pool Business Plan) for approval by the Executive Committee, or undertaking other appropriate actions to progress the issues in question

  9. Progressing development projects identified in the Pool Business Plan or delegated by PEC , relating to Stage 2 Settlement. In this regard the duty of the TS2 is to progress projects through to the preparation of a project brief (as appropriate) from which a project can be initiated. The TS2 budget will cover the development of projects from inception, although it is anticipated that part or all of a specific project budget will be delegated to an appropriately constituted Project Board once established and PEC agreement to proceed is given.

ESTABLISHING WORKING GROUPS

The TS2 shall be at liberty to establish working groups to consider particular issues within its remit. Terms of reference for each such group will be agreed by the TS2 before the first meeting of any such working group.

Such Groups might include:
  • Stage 2 Forum (S2F);
  • Supplier Agent Forum (SAF);
  • Non Half Hourly Technical Assurance Group; and
  • Half Hourly Technical Assurance Group.