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Elexon administers new discount scheme for PPM standing charges
This month (October 2023) Elexon has begun to administer a new support scheme to benefit electricity prepayment meter (PPM) customers this winter by discounting their daily standing charges. Xoserve (a gas industry code manager) will be administering the equivalent scheme for gas PPMs.
Elexon welcomes Devrim Celal to the Board as a new industry Non-Executive Director
Source: Elexon corporate websiteElexon has appointed Devrim Celal to the Elexon Board. Devrim, who takes up his post from 1 November 2023, replaces Claire Duffy who is retiring from the Board.
The BSC requires the Elexon Board to be comprised mainly of Non-Executive Directors who have electricity industry experience and at least two Non-Executive Directors who must be from outside the industry.
The Elexon Board will now comprise Sara Vaughan Chair, Peter Stanley Elexon CEO along with our three industry Non-Executive Directors David Titterton, Ian Graves and Devrim Celal and our two non-industry Non-Executive Directors Tim Fitzpatrick and Anne Heal.
Virtual Lead Parties to offer services in the wholesale electricity market
Ofgem has today (6 October 2023) approved Balancing and Settlement Code Modification P415 ‘Facilitating access to wholesale markets for flexibility dispatched by Virtual Lead Parties’.
BSC Insight: Accessing Maximum Export Limit and Maximum Import Limit data on our Insights Solution
If you currently use the www.bmreports.com service to access Balancing Mechanism (BM) data, you can now access the data through the new Insights Solution. You can use the ‘Balancing Mechanism data by Market View’ page to view BM Unit data at Market level. It can also be used to view Physical, Dynamic, Bid Offer and Balancing Services Volume data.
Market Index Definition Statement Review 2023
The Market Index Definition Statement (MIDS) is annually reviewed by the BSCCo. on behalf of the BSC Panel, to ensure that the Market Index Price is providing a reasonable reflection of the price of wholesale electricity in the short term market.
New service standards for Insights Solution users
Elexon is consulting on removing a requirement in the Balancing and Settlement Code to continue provision of a High Grade telecommunications line so that Parties can receive instant updates from the Balancing Mechanism Reporting Service (BMRS).
Changes to BSC Parties and Qualified Persons: October 2023
This page lists changes to the status of Balancing and Settlement (BSC) Parties and Qualified Persons in October. It includes information on any new qualifications and registrations, new market participants, withdrawals and defaults.
Peter Stanley has been appointed as the new CEO of Elexon
Source: Elexon corporate websiteWe are delighted to announce that Peter Stanley has been appointed as the new CEO of Elexon. This follows consultation with the BSC Panel. Peter joined Elexon in 2016 as a member of the Executive team and has been acting as interim CEO since August.
Watch the webinar on Low Power Instrument Transformers and their potential use in Settlement Metering Systems
Elexon’s Metering Team recently hosted a webinar where Siemens Energy gave a presentation on a new type of technology that has the potential to be used within Settlement Metering Systems, Low Power Instrument Transformers (LPITs).
Spotlight On: The Elexon Kinnect Customer Solution
The Customer Solution is one of the three main pillars of Kinnect, our cloud platform. It is a self-service gateway for new and existing BSC Parties who need an online, streamlined and self-managed experience to simplify and speed up access to the electricity market. Once companies are active in the market, they can use the Customer Solution to effectively self-manage their data and assets.
Changes to BSC Parties and Qualified Persons: September 2023
This page lists changes to the status of Balancing and Settlement (BSC) Parties and Qualified Persons in September. It includes information on any new qualifications and registrations, new market participants, withdrawals and defaults.
Credit Assessment Load Factor values for Winter 2023: 1 November appeal deadline
The Credit Assessment Load Factor (CALF) values for the Winter 2023 BSC Season, which runs from 1 December 2023 to 29 February 2024, are available from the BSC Portal. If you are the Lead Party of a non-Credit Qualifying BMU, you can appeal an assigned CALF value if you believe it does not accurately represent your expected activity.
- BSC Portal > Financial and Credit > Credit / Credit Alerting
Customer survey: an opportunity to offer feedback
Source: Elexon corporate websiteAt Elexon, we want to make sure that the information we provide to you is clear, precise, easy to find and tailored to your needs. But to do this we need your help.
Understanding Settlement Reports: a guide for BSC Parties
For any Settlement Date and Settlement Run Type carried out in accordance with the Settlement Calendar, the Settlement Administration Agent (SAA) publishes Settlement Reports (known as SAA-I014 reports) to relevant industry parties. Whilst all Settlement Reports are built using the same data, there are slightly differing sub-flows of the SAA-I014 depending on the primary recipient.
Elexon Chief Executive Simon McCalla to step down
Source: Elexon corporate websiteSimon McCalla is stepping down as Chief Executive of Elexon with effect from 4 September 2023 to focus on further developing his family’s growing retail business.
Current performance issues on BMRS
We are aware that Balancing Mechanism Reporting Service (BMRS) has not been operating to the expected service levels. We recognise that this can be both frustrating and disruptive for our customers. We have put in place a number of actions to address the issues that you have recently experienced.
- BMRS website
Spotlight On: the Digital Code
Using the code documents of the BSC is an important part of understanding how your company engages with the electricity market and how it remains compliant with the BSC requirements.
Workaround for loading Market Domain Data version 338
Please note that there was an error within the blue text in the original Circular sent on Thursday 10 August. This has since been amended in the version in the online archive.
Please refer to the below information to make manual adjustments.
August 2023 CPC Consultation
Change Proposal Circulars (CPCs) are a consultations batch for Change Proposals (amendments to BSC subsidiary documents) and the request of Impact Assessment responses to Change Proposals from Industry Participants.
Submission of Generation and Demand Capacity (GC/DC) for the Autumn 2023 BSC Season
The Autumn BSC Season begins on Friday 1 September 2023. The deadline for submitting your GC and DC values for the Summer BSC Season is Thursday 17 August 2023.
Even if the values are identical to the last BSC Season you need to submit values for the new Season.