Trading & Settlement
How will Supplemental Balancing Reserve (SBR) impact Credit Cover Percentage?
The Credit Cover Percentage (CCP) calculation uses Credit Assessment Price as a price estimate for the first five working days, which prevents an immediate impact. If System Prices are significantly high, […]
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Will System Prices reach £3,000/MWh if Supplemental Balancing Reserve (SBR) is used?
The System Price will not automatically reach £3,000 if SBR is used and could be higher or lower. The SBR action will be treated as an energy balancing action in […]
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How does Supplemental Balancing Reserve (SBR) affect Settlement?
Although users will see System Operator warnings on the Balancing Mechanism Reporting Service (BMRS), the System Price calculation on the BMRS will not include SBR actions with the correct price. The SBR actions will […]
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Trading & Settlement
Electricity is traded on a wholesale market, with generators and suppliers entering into contracts with each other for every half hour of every day; sometimes years in advance...
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