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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.
Changes to BSC Parties and Qualified Persons: January 2021
This page lists changes to the status of Balancing and Settlement (BSC) Parties and Qualified Persons in January. It includes information on any new qualifications and registrations, new market participants, withdrawals and defaults.
First week of operation for new UK-France interconnector
The new 149-mile interconnector, Interconnexion France-Angleterre 2 (IFA2), that runs between the UK and France has been operational for one week. Linking the Hampshire and Normandy coastlines, the interconnector has been importing and exporting clean electricity between GB and Europe since 20:30 on 22 January 2021.
Elexon Kinnect Customer Solution goes live
The new self-service gateway element of our new digital platform – the Elexon Kinnect Customer Solution – is now live.
BSC Insight: Impact of COVID-19 on smart meter installations
The restrictions introduced in 2020 to curb the spread of COVID-19 have provided unprecedented challenges for Suppliers as they continue to install smart meters. In this Insight article, our Analysis and Insight Analyst Hussein Osman, reviews the installation rates of Smart Metering Equipment Technical Specifications SMETS2 meters before, during, and after the March to June and November to December 2020 lockdowns.
Ofgem proposes that Elexon is owner for MHHS implementation
Ofgem has today, 22 January 2021, published its consultation on implementation principles for Market-wide Half Hourly Settlement (MHHS) in which it explains its ‘plan to clearly place responsibility for management and delivery of the programme with industry.’
Have your say: CCDG consultation on MHH Settlement
A new consultation on the detailed design of, and Industry Code changes from, the Market-wide Half Hourly Settlement (MHH Settlement) Target Operating Model (TOM) has now been published and we would like your feedback.
The deadline for consultation responses has now been extended until 08:00 on Friday 29 January 2021.
BSC Insight: Why the Reserve Scarcity Price is being reviewed
National Grid ESO raised BSC Issue Group 92 to review the Reserve Scarcity Price with representatives from across the electricity industry. The need for this arose due to feedback from industry representatives that the Reserve Scarcity Price has had less of an impact on System Prices than expected and a need to ensure the calculation is fit for a future energy market.
Update to the submission of MDD Plan for Ofgem’s TCR
Find out the latest updates for 18 January 2021 regarding the submission of Market Domain Data (MDD) Plan for Ofgem’s Targeted Charging Review (TCR).
New ETLMO values for BSC Year 2021/22 published
The revised Estimated Transmission Losses Adjustment (ETLMO) values for use from 1 April 2021 have been approved. The approval was made by the Imbalance Settlement Group at its January meeting.