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A BSC rule change was implemented on 12 October 2020, requiring Elexon to determine whether Settlement Adjustment Processes (SAPs) should be used if a Demand Control Event (DCE) occurs in future.

Find out the latest updates for 20 October 2020 regarding the submission of Market Domain Data (MDD) Plan for Ofgem’s Targeted Charging Review (TCR).

Elexon is calling for volunteers to join a new Workgroup to assess a Balancing and Settlement Code Modification proposal allowing Virtual Lead Parties to trade electricity from demand-side response (DSR) providers directly in the wholesale electricity market.

We have published a webinar explaining the Market-wide Half Hourly Settlement (MHHS) Target Operating Model (TOM). The webinar also provides background information to help responses to two major consultations relating to MHHS in the coming months.

We are looking for volunteers, primarily Unmetered Supplies Operators (UMSOs) or Meter Administrators (MAs), to take part in a workgroup to discuss two new proposed Data Transfer Network (DTN) flows between UMSOs and MAs for exchanging Unmetered Supplies inventory and control file data.

This page lists changes to the status of BSC Parties and Qualified Persons in September. It includes information on any new market participants, registrations, withdrawals and defaults.

See updates regarding estimation derogations during COVID-19.

Find out the latest updates for 28 September 2020 regarding the submission of Market Domain Data (MDD) Plan for Ofgem’s Targeted Charging Review (TCR).

On Thursday 10 September 2020, Elexon hosted the first ever virtual annual BSC Meeting and Seminar.

As part of the commitment to improving access to electricity market data, we have now made more electricity Settlement data available.

There is an opportunity to deliver CP1535 ‘Interconnector Fuel Type Category update to BMRS’ earlier. This chance has come about following the further Trans European Replacement Reserve Exchange (TERRE) delay announcement.  

BSC Parties voted whether to approve the appointment or re-appointment of Board Directors in their last year, and whether to re-elect all other Board directors at the virtual Annual BSC Meeting on 10 September.

National Grid ESO (NGESO) have announced that it is now not possible to facilitate GB participation in the Replacement Reserve (RR) market for the Trans-European RR Exchange (TERRE) before the end of 2020.

Our yearly analysis suggests that there are no further changes to the MIDS required at this time, with the current Individual Liquidity Threshold (ILT), timeband weightings and product weightings remaining suitable.

The five successful candidates have been announced and will be a part of the BSC Panel for a two-year period from 1 October 2020. 

See updates regarding estimation derogations during COVID-19.

This page lists changes to the status of BSC Parties and Qualified Persons in August. It includes information on any new markets, registrations, withdrawals and defaults.

Consulting has begun on proposals to change the Balancing and Settlement Code (BSC) so that individual asset meters located ‘behind the boundary point’ can be used for Settlement purposes.

Ofgem CEO, Jonathan Brearley, will be speaking at our virtual Annual BSC Meeting and Seminar on Thursday 10 September from 14:00 to 16:00.

Elexon have published its views to Ofgem’s consultation about having a Programme Manager (PM) for the introduction of Market-wide Half Hourly Settlement (MHHS).

An open letter from Elexon CEO Mark Bygraves about opening the Elexon offices:

The latest circular from the Board to BSC Parties highlights that delivery of system changes to support GB participation in Project TERRE (Trans European Replacement Reserve Exchange, amongst other highlights. 

Today sees the launch of a new support service where innovators from new and existing companies can trial products and services which could transform the electricity sector

The Performance Assurance Board (PAB) has agreed an approach and timescales for ending the derogations from BSC rules and resuming Performance Assurance Techniques, which have supported BSC Parties in managing the impact of COVID 19. 

The latest Annual Performance Assurance Report (APAR) for 2019/20 has been published. The report looks back at notable achievements and delivery within Performance Assurance in the past year.

Today (30 June) we have published our Annual Balancing and Settlement Code (BSC) Report for 1 April 2019 to 31 March 2020. The report gives many examples of how Elexon and the BSC Panel have worked together to proactively manage the BSC and support moves to a smarter, more flexible electricity system.

Elexon has calculated the Grid Supply Point (GSP) Group liability caps and Supplier Charge values for the BSC Year 2020/21. The Performance Assurance Board (PAB) has approved the revised GSP Group liability caps and Supplier Charges to be applied to the reporting periods April 2020 – March 2021.

The Department for Business, Energy and Industrial Strategy (BEIS) has published its decision to not require the smart meter Data Communications Company (DCC) to provide an enrolment service for the ‘first generation’ SMETS1 EDMI meter set.

Next week Elexon and National Grid ESO will begin the first Workgroups to develop changes to the Balancing and Settlement Code and the Grid Code to support Project MARI – a new European platform for providing balancing services.

See updates regarding estimation derogations during COVID-19.

A major milestone was reached on 29 May as the technical changes necessary to enable GB industry parties to join the central Trans-European Replacement Reserve Exchange (TERRE) platform and trade in the European electricity market was successfully deployed. 

The Credit Committee deemed it appropriate to keep the Credit Assessment Price (CAP) at the current price of £30/MWh. Discussions were held by the Committee regarding whether to revise the current price of £30/MWh following recent changes in forward market prices.

Modification P403 ‘BSC Arrangements in the event that the TERRE Market is suspended by National Grid ESO’ will be implemented on 28 May 2020.

On 3 April 2020, the BSC Performance Assurance Board (PAB) approved temporary derogations from the BSC rules, in accordance with BSCP537, which allowed Suppliers to submit new estimates for non-domestic properties which better reflect their consumption during this period of lockdown.

On Friday, National Grid ESO announced a delay to implementing the necessary changes that will enable industry parties in Great Britain to participate in the Project Trans-European Replacement Reserve Exchange (TERRE).

At its monthly meeting on 9 April, the Balancing and Settlement Code (BSC) Panel agreed a set of principles for Elexon to work to, when progressing changes to the code while the industry manages the impact of COVID-19.

The Department for Business, Energy and Industrial Strategy (BEIS) is consulting on whether the smart meter Data Communications Company (DCC) should be required to provide an enrolment service for EDMI SMETS1 (Smart Metering Equipment Technical Specification) meters. EDMI is a meter manufacturer.

As part of Elexon’s commitment to improving access to electricity market data, we have now made some electricity Settlement data available via a new Open Settlement Data page.

On Friday 3 April the BSC Performance Assurance Board (PAB) gave urgent approval to two temporary derogations allowing Suppliers to input more accurate estimates into our Settlement system during COVID-19

An updated message from Mark Bygraves, CEO.

A letter from CEO Mark Bygraves about support during these difficult times.

On Thursday 16 April 2020, the CAP value will decrease from £36/MWh to £30/MWh.

From the 1 April 2020, Elexon will stop production and cease support of SAA-I014 (V008). BSC Parties who currently receive SAA-I014 (V008) must ensure their systems are updated to receive either SAA-I014 (V009) or (V010).

Today Elexon has published the final version of its 2020/21 Business Plan. The industry and the BSC Panel previously commented on the plan and these comments are reflected in the final version.

To help manage the impact of the coronavirus, Elexon’s senior management team has decided to close our office from today (Monday 16 March) until further notice.

Today (12 March) is the 300^th meeting of the Balancing and Settlement Code (BSC) Panel, almost 20 years on from its first meeting on 18 August 2000.