BSC Insights about The electricity market
If significant events or changes occur within the electricity industry we will analyse and offer insight into what has happened and why. The impartial insight articles are written by our industry experts, who have a wealth of experience and knowledge. These findings are supported by a large amount of industry data.
These BSC Insights articles all relate to the electricity market.
BSC Insight: The Insights solution puts data on the wholesale market at your fingertips
In this BSC Insight article by Reza Nia, Head of Analysis & Insight, explains why Elexon developed a new data service (the Insights Solution) and the benefits of it to BSC Parties and other stakeholders. All of the Insights Solution data is available to download for free.
BSC Insight: ‘Event-driven’ architecture can help to release the value of energy data
This BSC Insight article, written by Peter Stanley, Director Digital Operations at Elexon, explains why Elexon would be best placed to operate ‘Event-driven’ IT architecture (EDA) to support Market-wide Half Hourly Settlement which is due to be implemented in GB in October 2025.
BSC Insight: What is Credit Cover and how does the Credit Assessment Price affect it?
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.
BSC Insight: How to find your own insights from Supplier Market Share data
In this BSC Insight, Emma Tribe our Senior Product Analyst and Nick Groves our Data Steward Lead, demonstrate some of the insights that are possible using data from the Quarterly Supplier Market Share report from Elexon.
BSC Insight: Why Non Half Hourly electricity use increased in the first four months of 2021
In this insight article Emma Tribe, our Analysis and Insight Senior Product Analyst, explains how the colder temperatures between January and April 2021 increased Non Half-Hourly electricity demand.