Glossary Term: GSP Group Correction Scaling Factor
A factor that adjusts correctable energy so that the total energy is equal to the Grid Supply Point (GSP) Group Take. The GSP Group Take is the net energy measured going from/to a particular Local Distribution System (i.e. a GSP Group) in a Settlement period.
The GSP Group Correction Factor calculation refers to a Scaling Weight for each Consumption Component Class (CCC), which defines how much GSP Group Correction should be applied to that CCC, relative to the others.
The GSP Group Correction Scaling Weights can be found in the ‘GSP Group Correction Scaling Factor’ table of Market Domain Data (MDD), on the MDD page of the Elexon Portal.