Credit Assessment Price increase to £259MWh from 4 November15 October 2021
Changes to BSC Parties and Qualified Persons: October 202114 October 2021
P332 Report Phase Consultation: Revisions to the Supplier Hub Principle7 October 2021
Consultation issued on 4 October on increase of the CAP to £259/MWh4 October 2021
Our responses to consultations on code reform and the Future System Operator4 October 2021
CCDG recommendations following MHHS transition consultation30 September 2021
Changes to BSC Parties and Qualified Persons: September 202130 September 2021
CAP consultation issued on 20 September on further record level of £184/MWh20 September 2021
BSC Panel response to the consultation by the Government and Ofgem on energy code reforms20 September 2021
P427: Publication of Performance Assurance Parties’ impact on Settlement Risk
P427 seeks to amend BSC Section Z – Performance Assurance to allow the Performance Assurance Board (PAB) recommend that the Panel publish notices to industry in respect of Performance Assurance Parties’ (PAPs’) contribution to Settlement Risk along with relevant risk...
P426 ‘Combining related BSC Parties’ Energy Indebtedness positions for the Credit Cover Percentage calculation’
This Modification proposes to remove inefficiencies with the Credit Cover calculation by allowing related BSC Parties to combine their Energy Indebtedness prior to calculating the Credit Cover Percentage.
P425: Amendment to the definition of Shared SVA Meter Arrangement
This Modification aims to reduce the requirement from two or more Suppliers, to one or more Suppliers, to be involved in a Shared Supplier Volume Allocation (SVA) Metering Arrangement. This would allow multiple Suppliers to continue facilitating Shared SVA Metering...
Latest Change Proposals
CP1551: Measuring Instruments Regulations – updates to BSCP601
As of 1 January 2021 the requirements for new Meters being placed on the market in Great Britain (GB) have changed. All new Meter designs, which would previously have been Measurement Instruments Directive (MID) approved and placed on the market...
CP1550: Updates to monitoring of voltage failure alarms requirements
CP1550 seeks to clarify to Meter Agents how phase failures should be managed and to remove the outdated requirement currently outlined in section 5.1.3 of CoPs1 and 2. Section 5.1.3 of Code of Practice (CoP) 1 ‘The metering of circuits...
CP1549: Amendment of BSCP516 to clarify the criteria for Non-Domestic SVA Metering Systems
Since the implementation of P272 ‘Mandatory Half Hourly Settlement for Profile Classes 5-8’ Elexon has been approached by Suppliers and other Parties asking whether it is possible to reverse a migration carried out under P272. After reviewing the Supply License...
Latest BSC Insight article
The Credit Assessment Price has changed nine times in 2021 and we recently consulted on increasing the Credit Assessment Price again to a record high of £184/MWh. The Credit Assessment Price is used as a proxy for future Energy Imbalance Prices in the calculation of Credit Cover requirements. Emma Tribe, our Senior Product Analyst from the Analysis and Insights team, explains how the Credit Assessment Price is related to a Parties Credit Cover requirements.