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Volunteering for SVG, ISG, PAB or TDC Membership

Opportunities to serve on the SVG, ISG, TDC and PAB arise at regular intervals, and ELEXON maintains a list of volunteers from whom Members and Alternates are selected. Applications are welcome from any representative of a signatory to the Balancing and Settlement Code (BSC). Terms of Reference for all committees are available from the related documents menu alongside.

To volunteer, please complete the Application Form.

Imbalance Settlement Group (ISG)

The ISG has delegated responsibility for overseeing the detailed operation of the Imbalance Settlement processes and systems. These processes are associated with the operation of the Central Services Agents (i.e. Balancing Mechanism Reporting Agent (BMRA), Central Data Collection Agent (CDCA), Central Registration Agent, Energy Contract Volume Aggregation Agent (ECVAA), and Settlement Administration Agent (SAA)), Funds Administration Agent (FAA) and the Interconnector Administrator.

Summary of areas of ISG responsibility:

  1. approving changes to the Code Subsidiary Documents assigned to it (see tables 1a to 1h of the ISG Terms of Reference);
  2. authorising changes to Imbalance Settlement operational data, e.g. CVA Line Loss Factors;
  3. progression of Change Proposals for Imbalance Settlement;
  4. determination of Credit Assessment Load Factor Appeals; and
  5. approval of Trading Unit applications.

Specific details of ISG’s remit are recorded in section 3 of the PDF IconISG Terms of Reference(73Kb)

The Performance Assurance Board (PAB)

The role of the Performance Assurance Board (PAB) is to conduct and administer activities to provide assurance that all participants in the Balancing and Imbalance Settlement market are suitably qualified to participate and that the relevant operational standards are maintained.

The PAB is appointed by and reports to the BSC Panel, and is responsible for the conduct and application of the following performance assurance techniques: SVA qualification, entry processes, technical assurance, operational audit, liquidated damages and peer comparison.

Supplier Volume Allocation Group (SVG)

The SVG has delegated responsibility for overseeing the detailed operation of the Supply Volume Allocation processes and systems. These processes are associated with the operation of the Settlement Volume Allocation Agent (Cap Gemini), Supplier Agents (Half Hourly and Non Half Hourly Data Aggregators and Data Collectors) and the Settlement Metering Registration Service.

Summary of areas of SVG responsibility:

  1. approving changes to the Code Subsidiary Documents assigned to it (see Tables 1a to 1h of the SVG Terms of Reference);
  2. authorising changes to SVA operational data, e.g. SVA Line Loss Factors and Market Domain Data; and
  3. progression of Change Proposals for Supplier Volume Allocation.

Specific details of SVG’s remit are recorded in section 3 of the PDF IconSVG Terms of Reference(73Kb)

The Trading Disputes Committee (TDC)

The role of the TDC is to ensure that all Trading Disputes and Manifest Errors are resolved in order that errors are corrected and the integrity of settlement is maintained.

The principal functions and powers of the TDC are to:-

  • investigate and resolve all Trading Disputes in accordance with the provisions of Section W and consistently with the provisions of the Code;
  • monitor the operation of, and recommend modifications to, the BSC Procedures which support the Query and Dispute processes;
  • submit recommendations to the Panel for the modification of the Code and/or any Code Subsidiary Documents arising out of the activities of the Trading Disputes Committee.

The TDC also has responsibility for ruling on claims of Manifest Error, determining the replacement bid/offer prices in such circumstances, and considering any claims for compensation. The TDC is appointed by and reports to the BSC Panel. To serve on the TDC, a minimum of five years experience in the electricity industry, in any discipline, is required.

Member/Alternate Requirements

Experience

Experience relevant to the committee concerned (see above).

Time Commitment

Both committees meet on a monthly basis, usually at ELEXON’s offices in central London. Correspondence papers may be taken between meetings. Emergency telephone meetings are occasionally convened. Some pre-reading of papers is required, particularly in relation to the PAB.

Other Attributes

The normal proceedings of ISG and SVG are open and observers may attend. However, some of the business conducted may be confidential and will be held in closed session.

Most of the TDC and PAB meeting proceedings are confidential, and members must be able to respect and protect this confidentiality.

Members of all committees attend as industry experts, and do not represent the interests of their employers. Letters to this effect must be received from their employers.

Members are covered by an indemnity to cover liabilities that might arise from fulfilling their responsibilities.

Meetings can be mentally taxing and long. A degree of physical and intellectual stamina is required!

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