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Changes to BSC Parties and Qualified Persons: February 2021
This page lists changes to the status of Balancing and Settlement (BSC) Parties and Qualified Persons in February. It includes information on any new qualifications and registrations, new market participants, withdrawals and defaults.
Video: BSC Change on their updated ways of working
The BSC Change team have published a new video outlining the changes to their ways of working they have made in the last year. This is based on feedback they received from BSC Parties.
Elexon proposes reforms to System Operator roles and code arrangements
Elexon has set out options for a single energy code body to work alongside a reformed System Operator (SO) in their new policy, ‘Reforming the System Operator Roles and Code Arrangements’. This approach will allow better management of the energy system on the road to net zero.
Have your say – proposal to use the BSC Sandbox
You have the chance to take part in Elexon’s consultation on the first proposal to use the new Balancing and Settlement Code (BSC) Sandbox.
BSC Insights: a review of 2020
COVID-19 dominated the news in 2020; however, it was not all that happened. In this article, the Analysis and Insight team review 2020 and focus on the consistencies and inconsistencies witnessed. They use BMRS data to review the Fuel Mix, the make-up of BSC Parties, the Energy Imbalance Volume, and the overall electricity demand. While all of these were impacted by COVID-19, the data also demonstrates some consistencies with previous years despite COVID-19’s impact.
Take part in Elexon Kinnect Customer Solution user group
We are looking to form a user group for the Customer Solution in order to obtain input and feedback regarding improvements that we could make to the platform. All Elexon Kinnect users are encouraged to sign up.
Approval of Modification P398 increases access to BSC data
Ofgem has approved Modification P398 ‘Increasing access to BSC Data’ for implementation on 24 June 2021. P398 will amend the BSC so that all data is assumed open unless there is a reason otherwise and will not directly impact any market participants. BSC Parties and non-BSC Parties will be able to apply for data under a new process introduced by this Modification. This Modification will better align the BSC with moves towards a smarter energy system.
2021 submission deadlines for Spring GC/DC values
The deadline for submitting your Generation and Demand Capacity (GC/DC) values for the Spring BSC Season is Friday 12 February 2021, if submitting via Elexon Kinnect. Alternatively, the deadline is Monday 15 February 2021, if submitting to the Central Registration Agent (CRA).
We’re reviewing the Trading Disputes Technique
We are looking to carry out a comprehensive assessment of the current Trading Disputes processes. The review will recommend any changes and improvements that can be made to the Trading Disputes technique, both in regards to short-term and long-term changes.
CAP increases to £64/MWh from 23 February 2021
The Credit Assessment Price (CAP) will increase to £64/MWh, effective from Tuesday 23 February 2021.