Latest News and Circulars
Angela Love is our new Director of Strategy and Communications29 October 2018
September 2018 System Price Analysis Report published26 October 2018
Don’t forget the clocks change on Sunday 28 October 201822 October 2018
What is ELEXON’s Foundation Programme?15 October 2018
ELEXON tops Ofgem’s performance survey for a second year9 October 2018
How Code Administrators are preparing for Brexit8 October 2018
P374: Aligning the BSC with EB GL
P374 seeks to ensure that the BSC is aligned with the European Electricity Balancing Guideline (EB GL – Regulation 2017/2195) derogation and change process by ensuring that:
- BSC Modifications are not implemented until the EB GL change process has completed; and
- BSC Derogations cannot be granted for provisions that meet the EB GL balancing terms
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
CP1513: Updates removing inconsistencies within and between BSCP601, CoP3 and CoP5
A number of changes have resulted in inconsistencies from documents not being updated within BSCP601‘Metering Protocol and Compliance Testing’, Code of Practice (CoP) 3 ‘The Metering of Circuits with a Rated Capacity not Exceeding 10 MVA for Settlement Purposes’ and CoP5 ‘The Metering of Energy Transfers with Max Demand of up to (and including) 1MW
CP1512: Improving the format of BSCP11 forms
Trading Disputes are queries, differences or disputes relating to errors in the data or processes used for the purposes of Settlement, or the application of the rules for Settlement. The errors to be rectified as a result of a Trading Dispute are termed ‘Settlement Errors’.
Suppliers have an obligation under the Balancing and Settlement Code
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.
What’s the impact of changing DMAT and CADL?
ELEXON are currently consulting on two Imbalance Price Calculation parameters.
Emma Tribe’s insight article highlights the potential impact on prices of changing the De Minimis Acceptance Threshold (DMAT) and the Continuous Acceptance Duration Limit (CADL).