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Project MARI Workgroups begin next week
Next week Elexon and National Grid ESO will begin the first Workgroups to develop changes to the Balancing and Settlement Code and the Grid Code to support Project MARI – a new European platform for providing balancing services.
COVID-19: Submitting estimates during lockdown
See updates regarding estimation derogations during COVID-19.
Technical changes deployed to support Project TERRE
A major milestone was reached on 29 May as the technical changes necessary to enable GB industry parties to join the central Trans-European Replacement Reserve Exchange (TERRE) platform and trade in the European electricity market was successfully deployed.
Credit Assessment Price (CAP) – price stays at £30/MWh
The Credit Committee deemed it appropriate to keep the Credit Assessment Price (CAP) at the current price of £30/MWh. Discussions were held by the Committee regarding whether to revise the current price of £30/MWh following recent changes in forward market prices.
Implementation of Modification P403
Modification P403 ‘BSC Arrangements in the event that the TERRE Market is suspended by National Grid ESO’ will be implemented on 28 May 2020.
COVID-19: BSC Performance Assurance Board (PAB) approves further derogations
On 3 April 2020, the BSC Performance Assurance Board (PAB) approved temporary derogations from the BSC rules, in accordance with BSCP537, which allowed Suppliers to submit new estimates for non-domestic properties which better reflect their consumption during this period of lockdown.
TERRE Delayed: Elexon response to National Grid ESO’s announcement
On Friday, National Grid ESO announced a delay to implementing the necessary changes that will enable industry parties in Great Britain to participate in the Project Trans-European Replacement Reserve Exchange (TERRE).
Insights: Electricity demand down by 17% during COVID-19 lockdown
Measures put in place by the UK Government to control the COVID-19 outbreak have resulted in electricity demand falling sharply in the GB electricity market, according to Elexon data estimates. In this Elexon Insight, our Data & Insight Analyst, Nick Baker investigates the scale of the demand reduction.
COVID-19: Managing changes to the Balancing and Settlement Code
At its monthly meeting on 9 April, the Balancing and Settlement Code (BSC) Panel agreed a set of principles for Elexon to work to, when progressing changes to the code while the industry manages the impact of COVID-19.
Smart meter consultation including changes to the BSC
The Department for Business, Energy and Industrial Strategy (BEIS) is consulting on whether the smart meter Data Communications Company (DCC) should be required to provide an enrolment service for EDMI SMETS1 (Smart Metering Equipment Technical Specification) meters. EDMI is a meter manufacturer.
Making electricity market data more openly available
As part of Elexon’s commitment to improving access to electricity market data, we have now made some electricity Settlement data available via a new Open Settlement Data page.
COVID-19: Updated guidance documents on Half Hourly Estimation (V2.1) and Non-Half Hourly Estimation (V2.0)
On Friday 3 April the BSC Performance Assurance Board (PAB) gave urgent approval to two temporary derogations allowing Suppliers to input more accurate estimates into our Settlement system during COVID-19
COVID-19: Suspension of EFR Process, Supplier Charges and more
An updated message from Mark Bygraves, CEO.
Message from Mark Bygraves: Supporting Our Customers
A letter from CEO Mark Bygraves about support during these difficult times.
CAP decreases to £30/MWh from 16 April 2020
On Thursday 16 April 2020, the CAP value will decrease from £36/MWh to £30/MWh.
Changes to SAA Settlement Report (SAA-I014)
From the 1 April 2020, Elexon will stop production and cease support of SAA-I014 (V008). BSC Parties who currently receive SAA-I014 (V008) must ensure their systems are updated to receive either SAA-I014 (V009) or (V010).
New Business Plan continues support for industry and Settlement accuracy
Today Elexon has published the final version of its 2020/21 Business Plan. The industry and the BSC Panel previously commented on the plan and these comments are reflected in the final version.
Podcast: ‘Moving the SAD to a Category 3 Item’
Temporary closure of our office to manage impact of coronavirus
To help manage the impact of the coronavirus, Elexon’s senior management team has decided to close our office from today (Monday 16 March) until further notice.
300th meeting of the Balancing and Settlement Code Panel
Today (12 March) is the 300th meeting of the Balancing and Settlement Code (BSC) Panel, almost 20 years on from its first meeting on 18 August 2000.