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Blog: The Imbalance Price Olympics

Posted: Tuesday, 23rd May 2017

Emma Tribe, Market Analyst at ELEXON, writes about the unusually high Imbalance Prices for 17 May 2017.

April 2017 System Price Analysis Report published

Posted: Tuesday, 16th May 2017

The System Price Analysis Report (SPAR) is our monthly report on Imbalance Pricing. It includes an overview and analysis of the previous month’s prices and pricing parameters. The April 2017 report is now available on the Operations Reports page of our website.

March P321 report published

Posted: Thursday, 4th May 2017

The P321 March report is now available on the P321 page of our website.

March 2017 System Price Analysis Report (SPAR) published

Posted: Wednesday, 26th April 2017

We have published the March 2017 System Price Analysis Report.

ELEXON scores the highest net satisfaction rating of all the code bodies in Ofgem’s cross-code survey

Posted: Thursday, 20th April 2017

A cross-code survey involving all 11 code bodies has been conducted on behalf of Ofgem by an independent research company. The survey focused on code administration and the service provided and comprised of online, telephone and in depth interviews. Overall ELEXON scored the highest net satisfaction rating of all the code bodies, with 82% of those surveyed being satisfied with the BSC as a whole.

Credit Assessment Price (CAP) review process consultation

Posted: Wednesday, 19th April 2017

We have issued a consultation on amending the process for reviewing the Credit Assessment Price (CAP)

Implementation of P350: transmission losses

Posted: Tuesday, 11th April 2017

We have created a new page on our website dedicated to the implementation of P350

We are live: February 2017 Part 2 and April 2017 Standalone Releases

Posted: Wednesday, 5th April 2017

The February 2017 Part 2 and April 2017 Standalone Releases went live on 1 April 2017.

2017/18 BSCCo Business Plan – approved and published

Posted: Tuesday, 28th March 2017

The 2017/18 BSCCo Business Plan has been approved by the ELEXON Board and we’ve published the final version in the Reports, Policies and Publications section of our website.

ELEXON webinar: understand the changes to the Business Unit Settlement Risks Rating (BUSRR) criteria – replay and slides available

Posted: Thursday, 23rd March 2017

ELEXON hosted a 30-minute webinar to help Suppliers, Meter Operator Agents (MOAs) and other interested Parties understand the changes to the current Business Unit Settlement Risks Rating (BUSRR) criteria. Watch the replay now and view the slides.

ELEXON webinar: 12-month post implementation review of P305 – replay and slides available

Posted: Monday, 20th March 2017

ELEXON hosted a 30-minute webinar to increase industry’s understanding of the BSC Modification P305 following a 12-month post implementation review. Watch the replay now and view the slides.

BMRS: improved APIs now live

Posted: Wednesday, 15th March 2017

Sign up to the next ELEXON webinars

Posted: Thursday, 2nd March 2017

On 16 March and 22 March 2017, ELEXON will be hosting two webinars on the 12-month post implementation review of Modification P305 and the Changes to the Business Unit Settlement Risk Rating (BUSRR) criteria respectively.

Post implementation review of P305

Posted: Tuesday, 21st February 2017

ELEXON has conducted 12 month review into System Prices since the implementation of BSC Modification P305 ‘Electricity Balancing Significant Code Review developments’. This modification changed the System Price calculation on 5 November 2015.

System Price Analysis Report: January report and analysis on 2016 System Prices

Posted: Tuesday, 21st February 2017

The System Price Analysis Report (SPAR) is our monthly report on Imbalance Pricing. It includes an overview and analysis of the previous month’s prices and pricing parameters. The January 2017 report is now available on the Operations Reports page of our website. This month’s SPAR includes an appendix with analysis on System Prices during 2016, as well as the usual monthly pricing insight.

Code Governance Reform consultation: ELEXON and the BSC Panel respond

Posted: Monday, 6th February 2017

Last week ELEXON and the BSC Panel submitted their responses to Ofgem’s consultation on Code Governance Reform, arising from the CMA recommendations.

Spotlight on the System Price Analysis Report (SPAR)

Posted: Tuesday, 24th January 2017

November System Price: the highest in a half hour Settlement Period under P305 November saw the highest System Price in a half hour Settlement Period under P305 so far. The £1,528/MWh price was applied to imbalance volumes in Settlement Period 28 on 8 November 2016. November was also the first month since the introduction of BSC Modification P305 that System Prices exceeded £1,000/MWh.

NEW! Cross Code Forward Work Plan

Posted: Tuesday, 17th January 2017

The first Forward Work Plan is now available to download from the Code Administration Code of Practice (CACoP) page of our website. It presents a monthly update on the progress on the key areas that are shaping the future of the gas and electricity industry, such as smart metering, Half Hourly Settlement, faster switching and European harmonisation.

Draft BSCCo 2017/18 Business Plan – webinar on 16 January 2017

Posted: Wednesday, 11th January 2017

ELEXON over the 2016/17 festive period

Posted: Friday, 23rd December 2016