Latest News and Circulars
ELEXON tops Ofgem’s performance survey for a second year9 October 2018
How Code Administrators are preparing for Brexit8 October 2018
Does temperature impact the System Price?17 September 2018
P362 ‘Sandbox’ approved10 September 2018
Sign up to Ofgem’s Settlement Reform workshop on 1 October 20189 September 2018
Credit Assessment Price (CAP) increasing to £75/MWh
P373: Reversal of P297
National Grid proposes to reverse the changes to the BSC for Approved Modification P297 ‘Receipt and Publication of New and Revised Dynamic Data Items’. The approved changes to the BSC for P297 can be found in the P297 Final Modification Report provided to the Authority in March 2014 and published on the P297 webpage.
P372: Speeding up the approval process for the publication of BSC data on the BMRS
The Balancing Mechanism Reporting Service (BMRS) is the primary channel for providing operational data relating to Great Britain’s (GB) Electricity Balancing and Settlement arrangements, as well as REMIT and European Transparency Regulation data. It’s used extensively by market participants to help make trading decisions and understanding market dynamics, and acts as a prompt reporting platform
P371 Inclusion of non-BM Fast Reserve actions into the Imbalance Price calculation
Currently Spin-Gen, Non-BM and Non Tendered Fast Reserve actions are not included in the Imbalance Price calculations. The Proposer contends that in order to guarantee a correct calculation of the Imbalance Price, fair and harmonised treatment of all services, greater transparency and, ultimately, National Grid’s (NG’s) compliance with the Balancing Services Adjustment Data (BSAD) obligation;
CP1511: Configurable Items
CP1511 seeks to implement a number of clarification and improvement changes relating to the BSC Baseline Statement and Configurable Items. These changes include clarifying the definitions of Baseline, Baseline Statement, and Configurable Item. As well as formalising the categorisation of Configurable Items, including the introduction of a new category; Category 3 Configurable Item.
CP1510: Allow the online management of registrations, Market Entry and Market Exit
CP1510 seeks to amend the Code Subsidiary Documents (CSDs) to allow participants to use the Self-Service Gateway being developed under ELEXON’s Foundation Programme for data submissions.
CP1509: Amend BSCP503 to add new recipients of the D0355 data flow
The government’s Electricity Market Reform (EMR) includes the establishment of a Capacity Market (CM) to help ensure security of supply. It also includes a Contracts for Difference (CfD) scheme designed to encourage investment in low carbon generation, funded by licenced electricity Suppliers based on their gross demand.
In December 2017, EMRS raised a