Local Topic Carousel
CAP increase announced for 12 May 2021
A Consultation paper on the value of Credit Assessment Price (CAP) was issued on Monday 12 April 2021 following a breach of the CAP trigger level. No responses disagreed with the proposed value and its was agreed that CAP value will increase to £60/MWh.
Code Change and Development Group consultation responses published
CAP increase consultation announced 12 April 2021
Following an increase in forward market prices, a Credit Assessment Price (CAP) review was triggered. There is now a consultation paper on the value of the CAP which asks whether you agree with the proposal to increase the value of CAP.
The proposal is to increase the CAP to £60/MWh from the last notified CAP value of £54/MWh.
BSC Insight: Reliant on the weather? A review of weather dependent generation in GB
The British have always felt a strong connection to the weather. A typical conversation in any part of the country will generally include a reference to either how: hot, cold, rainy, windy, sunny or grey the weather is! In the last 10 years, the weather has also begun to fuel our day-to-day lives as more weather dependent generation has been used in the fuel mix. This is making Britain greener and helping the nation reach its goal of NetZero by 2050. In this Insight Emma Tribe, our Analysis and Insight Delivery Lead, shows how Great Britain’s fuel mix is connected to the weather more than ever through an increase in weather dependent generation.
Compliance and Protocol approval for the EMA1 Meter type
On 19 March 2021, the EMA1 (integral Outstation) Meter passed compliance and protocol testing against our Code of Practice. We have updated the Code of Practice (CoP) Compliance and Protocol Approvals spreadsheet on the Elexon website to reflect this.
Twentieth anniversary of the Balancing and Settlement Code
This Saturday marked the 20th anniversary of the Balancing and Settlement Code (BSC), which was launched as part of NETA (the New Electricity Trading arrangements) on 27 March 2001.
Changes to BSC Parties and Qualified Persons: March 2021
This page lists changes to the status of Balancing and Settlement (BSC) Parties and Qualified Persons in March. It includes information on any new qualifications and registrations, new market participants, withdrawals and defaults.
TLF values: Spring 2021 Part A Season available
The Transmission Loss Factors (TLF) for each BM Unit that is registered to be active during the 1 April 2021 to 31 May 2021 has been published.
Final Elexon business plan for 2021/22 published
Elexon has published the final version of its business plan for 2021/22, following feedback from the BSC Panel and BSC Parties. We thank everyone that provided feedback on the plan. Elexon’s board discussed this in detail at its February 2021 meeting. The feedback was also presented to the BSC Panel at its February meeting.
BSC Insight: Increasing costs for balancing the GB System
The Electricity System Operator (ESO) plays an essential role in balancing supply and demand using the Balancing Mechanism (BM). Matching supply and demand requires payments to be made between the ESO and participating consumers and generators. Consumers and generators submit prices for volumes of energy they can provide within a half-hour period (Settlement Period) to balance the system. In this Insight article, analyst Angus Fairbairn looks at balancing costs of ESO since 2015.