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Podcast: P392 ‘Amending BSC Change Process for EBGL Article 18’
BSC Insights: Highest System Price in 19 years
The System Price reached £2,242/MWh and £1,708/MWh in the early evening of Wednesday 4 March 2020. This was the first instance of the System Price being over £2,000/MWh since 2001. In this Elexon Insight our Market Advisor, Emma Tribe explains how the System Price was calculated and how it compares to historic System Prices.
Streamlining the BSC and improving protection for Trading Parties
On 27 February, Elexon implemented seven changes to the Balancing and Settlement Code (BSC) as part of the February 2020 BSC release.
COVID-19: Strategy for Suppliers regarding EFR and managing performance issues
The Performance Assurance Board (PAB) has agreed an approach to manage performance standard issues and the application of Error and Failure Resolution (EFR).
Elexon’s support for new electricity flexibility exchange
Elexon is providing support to technology company Electron which has been awarded funding to trial an exchange where offers of electricity flexibility can be traded.
New arrangements for radio teleswitch service solution
Elexon has agreed contractual arrangements with Energy Networks Association (ENA) to allow operational cost recovery for the radio teleswitch service (RTS) within the Balancing and Settlement Code (BSC) charging arrangements from 1 April 2020.
Update on Project TERRE and our plans for Industry Testing
Elexon is supporting National Grid Electricity System Operator (National Grid ESO) to fulfil its responsibilities for Project TERRE (Trans European Replacement Reserves Exchange).
CAP review consultation – decrease from £41/MWh to £36/MWh
Changes to the Elexon Portal’s password policy
From 27 February we are introducing changes to the password policy for using the Elexon Portal, which provides operational Balancing and Settlement Code data.