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Changes to BSC Parties and Qualified Persons: November 2023
This page lists changes to the status of Balancing and Settlement (BSC) Parties and Qualified Persons in November. It includes information on any new qualifications and registrations, new market participants, withdrawals and defaults.
Maximum Export Limit data on BMRS and Insights Solution
Following the issues mentioned in Elexon Circular EL03922 we have recently deployed a fix that addresses the issue with processing of large volume of Maximum Export Limit (MEL) data on our Balancing Mechanism Reporting Service (BMRS).
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.