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Performance Assurance Processes
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Do you have any further questions?
Please contact:
Douglas Alexander
Monitoring and Disputes Manager
Telephone: 020 7380 4218
Email: paa@elexon.co.uk
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Each year, the BSC Panel and the
Performance Assurance
Board (PAB) deploy the Performance Assurance Framework (PAF) to manage Settlement Risks.
Performance Assurance Techniques are applied to Performance Assurance Parties
(PAPs) based on the Settlement Risks that they pose.
To do this, the BSC Panel and the PAB identify, evaluate and prioritise the risks
that may occur within Settlement and the extent to which they apply to each PAP.
The BSC Panel and the PAB produce a suite of documents in consultation with the
industry to aid this process including:
The timetable for this work is set out in the
Annual Performance Assurance Timetable (21Kb)
.
Performance Assurance Parties
A Performance Assurance Party is a Supplier, Meter Operator Agent, Data Collector,
Data Aggregator, Meter Administrator, Licensed Distribution System Operator and/
or a Registrant.
Are you a Performance Assurance Party?
Do we have the right contact details for you? Please help us maintain our records
by emailing paa@elexon.co.uk and tell us the
key people in your organisation we can speak with about Performance Assurance.
Performance Assurance Documents
These documents are produced and maintained by the PAB.
Risk Evaluation Methodology (REM)
The
Risk Evaluation Methodology 2010/11 (227Kb)
describes how the PAB will:
- Identify Settlement Risks;
- Evaluate Settlement Risks; and
- Assess the materiality of Settlement Risks
The Risk Evaluation Methodology 2009/2010 (197Kb)
is currently relevant until March 2010.
Risk Evaluation Register (RER)
The
Risk Evaluation Register 2009/10 (96Kb)
and
RER Appendix 2009/10 (156Kb)
detail the significance of each Settlement Risk and are approved for use by the
BSC Panel for 2009/10.
The Risk Evaluation Register 2010/2011 (199Kb)
and
RER Appendix 2010/2011 (236Kb)
will be in effect from April 2010, and details the significance of each Settlement Risk and is approved for use by the BSC Panel.
Risk Operating Plan (ROP)
The
Risk Operating Plan 2009/10 (133Kb)
and
Document not found
have been
approved for use by the BSC Panel until March 2010. The
Risk Operating Plan 2010/2011 (210Kb)
and
ROP Appendix 2010/2011 (2.1Mb)
will be effective from April 2010.
The ROP sets out how the PAB will manage Settlement
Risks by:
The
Document not found
details the key principles of the PAF techniques and how they are applied against
the ROP.
Risk Management Plans (RMPs)
Risk Management Plans (55Kb)
document the Settlement Risks and the Performance Assurance Techniques relevant
to each Performance Assurance Party (PAP). To help manage Settlement Risks within
your organisation, we can produce plans for combinations of PAPs which are owned
by a company group. These groupings of PAPs constitute Material Business Units (MBUs).
Please let us know how you want your RMPs to be structured by emailing
paa@elexon.co.uk. They are confidential and are only available to the party
to which the plan relates.
Annual Performance Assurance Report (APAR)
The
Annual Performance Assurance Report 2008/09 (251Kb)
:
- provides the results of the risk evaluation and risk assurance procedures, in particular
how well the techniques mitigated the Settlement Risks;
- sets out the costs of ELEXON implementing the techniques;
- recommends changes to existing techniques or recommends creating new techniques;
and
- explains the benefits of changing the Performance Assurance Techniques.