Glossary

New 2023/2024 Estimated Transmission Losses Adjustment values published

Following the implementation of  Modification P350 on 1 April 2018, ETLMO values have been calculated for each season across the 2023/24 BSC Year. The Imbalance Settlement Group approved the revised Estimated Transmission Losses Adjustment (ETLMO) values for use from 1 April 2023 at its January 2023 meeting.

Please note the spring season is split into two periods, April to May 2023 and March 2024, to align with the BSC Year. 

Where can I find the new values?

The new Delivering (ETLMOj+) and Offtaking (ETLMOj-) values are as follows:

Effective From

Effective To

ETLMOj+

ETLMOj-

01/04/2023

31/05/2023

-0.01260

0.00954

01/06/2023

31/08/2023

-0.01378

0.01200

01/09/2023

30/11/2023

-0.01309

0.01018

01/12/2023

28/02/2024

-0.01446

0.00791

01/03/2024

31/03/2024

-0.01260

0.00954

The Balancing Mechanism Reporting Agent (BMRA) uses ETLMO values to calculate indicative charges and payments for Balancing Mechanism (BM) actions, and the Energy Imbalance Price, in near to real-time. 

ETLMO values are used to report indicative data on the Balancing Mechanism Reporting Services (BMRS), and will be published within the Operational Data section of the Elexon Portal.

About the ISG

The Imbalance Settlement Group (ISG) is responsible for overseeing the operation of the Imbalance Settlement processes and systems in the Central Volume Allocation (CVA) Market. 

Further information

For further information, please contact the BSC Service Desk.

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