This page lists all Consultations relating to BSC and code processes, Market Entry and Compliance, and Operations and Settlement. The consultations allow ELEXON to gather feedback from the industry about proposed changes so that any concerns are considered as part of our processes.
This list does not include Change Consultations.
Credit Assessment Price Consultation 9 August 2021
We have issued a consultation paper on the value of the Credit Assessment Price (CAP). We are consulting on an increase of the CAP to £113/MWh from the current value of £96/MWh.
This consultation has now closed. See the outcome of the consultation.
CCDG Consultation on Transition Approach For MHHS
This consultation sets out the CCDG’s recommendations for the key stages of the Market-wide Half Hourly Settlement (MHHS) Transition, covering essential pre-migration and migration activities, and is seeking industry views on the substance of those recommendations.
Credit Assessment Price Consultation 5 July 2021
We have issued a consultation paper on the value of the Credit Assessment Price (CAP). We invite Parties to indicate whether they agree with the proposal to increase the CAP to £96/MWh from the current value of £77/MWh.
Consultation for Removal of Grid Supply Point GSP FERRB1 from the North Eastern GSP Group (_F)
This page gives details of the consultation to remove a Grid Supply Point (GSP) and how you can respond.
Credit Assessment Price consultation 17 May 2021
We have issued a consultation paper on the value of Credit Assessment Price (CAP). We invite Parties to indicate whether they agree with the proposal to increase the value of CAP to £77/MWh from last notified value of £70/MWh.
As the trigger level is set at 10% of the CAP value, rounded to the nearest whole pound, this would change to
+/-£8/MWh.
Credit Assessment Price consultation 04 May 2021
We have issued a consultation paper on the value of Credit Assessment Price (CAP). We invite Parties to indicate whether they agree with the proposal to increase the value of CAP to £68/MWh from last notified value of £60/MWh.
As the trigger level is set at 10% of the CAP value, rounded to the nearest whole pound, this would change to
+/-£7/MWh.
Credit Assessment Price consultation 12 April 2021
A trigger event has occurred, meaning that the absolute difference between the CAP and the reference price is greater than the current trigger level of +/- £5/MWh.
As a result, a consultation on a new CAP value has commenced. The consultation period will end at 17:00 on Tuesday 20 April 2021.
Risk Operating Plan 2021/22 consultation
We invite you to respond to the consultation, which sets out how Elexon, as the Performance Assurance Administrator (PAA), will seek to mitigate Settlement Risks within the Electricity Market in 2021/22.
Risk Evaluation Register 2021/22 consultation
We invite you to respond to the consultation, which sets out the Settlement Risks identified for 2021/22. This new format risk register is a key deliverable from the Performance Assurance Framework Review, and is designed to be more concise, informative and effective.
We will present the consultation responses to the PAB at its meeting on Thursday 25 March 2021. At this meeting, the PAB, with delegated authority from the BSC Panel, will approve the RER 2021/22 (subject to any changes it deems necessary).
Deadline
Please send all responses to the Risk team by Sunday 14 March 2021.
Download the documents
To help you respond to this consultation, we are providing the supporting Risk Evaluation Register Supporting Paper. All other documents can be found below.
Credit Assessment Price (CAP) consultation: 22 February 2021
We invite Parties to indicate whether they agree with the proposal to decrease the value of CAP to £54/MWh from last notified value of £64/MWh.
Consultation for Allocation of a New Grid Supply Point (GSP) to a GSP Group – February 2021
As part of a 132kV Switchgear change at Barking Central Substation, the National Electricity Transmission System Operator (NETSO) and the affected Licensed Distribution System Operator (LDSO) (UK Power Networks) are taking the opportunity to regularise the connection arrangement where supplies to two LDSO Networks (UK Power Networks (Eastern Power Networks) (EASTELEC) and UK Power Networks (London Power Networks) (LPN)) are currently the subject of a difference metering scheme.
This involves the registration of two ‘new’ GSPs to be known as BARKR_A for EASTELEC, and BARKR_C for LPN, and the eventual de-registration of the existing Grid Supply Point (GSP) BARKC1 registered to LPN and the Distribution System Connection Point (DSCP) BARKC_A registered to EASTELEC.
If you have any views on the allocation of the GSPs as described above, please respond using the consultation response form, and send to the BM unit team by 17:00 on 1 March 2021.
BSC Sandbox Consultation BSB001: application by Emergent Energy – 12 February 2021
Elexon has issued a public industry consultation for BSC Parties and interested Third Parties to seek views on the impacts on Parties relating to the implementation of a BSC Sandbox Application by Emergent Energy.
Emergent Energy are seeking a derogation to enable a trial of on-site aggregation at Private Wire Networks where domestic customers are Supplied by Third Party Suppliers. The derogation will allow Emergent Energy to submit aggregated customer readings in lieu of the sites’ boundary meter readings, eliminating double counting of energy supplied to customers with Third Party Suppliers.
Credit Assessment Price (CAP) consultation: 18 January 2021
We invite Parties to indicate whether they agree with the proposal to increase the value of CAP to £64/MWh from last notified value of £62/MWh.
Credit Assessment Price (CAP) consultation: 21 December 2020
We invite Parties to indicate whether they agree with the proposal to increase the value of CAP to £60/MWh from last notified value of £56/MWh.
As the trigger level is set at 10% of the CAP value, rounded to the nearest whole pound, this would remain at +/-£6/MWh.
Code Change and Development Group consultation on MHH Settlement
This CCDG consultation is your chance to have your say on the essential data items, processes and Code changes needed to deliver the MHH Settlement Target Operating Model (TOM). You can find out what the consultation is about, watch a guidance video about the consultation and download the relevant documents to complete.
Metering Dispensations D505 Consultation
This is a public industry consultation on Metering Dispensation D505. We seek views from BSC Parties expressing their views or providing any further evidence on any of the matters contained within the consultation on D505.
Credit Assessment Price (CAP) consultation: 7 September 2020
We have issued a consultation paper on the value of Credit Assessment Price (CAP). We invite Parties to indicate whether they agree with the proposal to increase the value of CAP to £56/MWh from last notified value of £46/MWh.
Consultation on the Market Index Definition Statement Review 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.
Consultation for Allocation of a New Grid Supply Point (GSP) to a GSP Group – 4 September 2020
Scottish Hydro Electric Transmission plc (SHE-T) is connecting a new circuit to the Rothienorman 33kV substation, required as part of the East Coast 400 kV Reinforcement project. This new Systems Connection Point will be registered in Settlement as a new GSP, to be known as Rothienorman (ROTI3).
The National Electricity Transmission System Operator (NETSO) propose that GSP_ ROTI3 is allocated to the North Scotland (_P) GSP Group.
Responses
If you have any views on the allocation of the above GSP to the North Scotland GSP Group, please respond using the consultation response form, and send to [email protected] by 17:00 on 18 September 2020.
P350 draft reference network mapping statement for Reference Year 2019-20
We issued a consultation on the draft reference network mapping statement for Modification P350 ‘Introduction of a seasonal Zonal Transmission Losses scheme’ to each Party. The network mapping statement is used for determining Nodal power flows in the calculation of Transmission Loss Factors.
Response
Please respond using the consultation response form and send your responses, entitled ‘P350 Draft Reference Network Mapping Statement’, to [email protected] by 17.00 on Monday 14 September 2020.
Credit Assessment Price (CAP) consultation: 10 August
We are consulting on an increase of the CAP to £46/MWh from the current CAP value of £36/MWh. A change to CAP can impact the amount of Credit Cover required by a Trading Party.
Credit Assessment Price (CAP) consultation: 6 July 2020
The Credit Assessment Price (CAP) is used in the Energy Indebtedness calculations to convert Credit Cover into an energy value.
Issue 89 Request for Information
The BSC Panel has asked Elexon to provide analysis on the cost and effort related to the DCE that occurred on 9 August 2019 (DCE00201). We are looking specifically at those costs incurred by parties, both direct and indirect, associated with the SAP that are required to be carried out to ensure Settlement is accurately calculated for the Settlement Periods impacted by the DCE. This analysis is being carried out for Issue 89 and P397.
The provision of this information is critical to meet the aim of Issue 89, to ensure the SAP is fit for purpose, and the aim for P397, to only run the SAP when the benefits outweigh the costs. Moreover, the provision of this information is needed to meet the Ofgem request in relation to P397. Your help and support in this matter is appreciated.
Risk Operating Plan (ROP) 2020/21
The ROP has undergone a re-assessment as part of the Performance Assurance annual cycle taking into account changes to Risk Impacts as outline in the Risk Evaluation Register 2020/21. The risks to Settlement have been identified and evaluated in line with the Risk Evaluation Methodology approved for 2019/20.
To help us process your response, please email your completed response form to [email protected] by 15 May 2020.
Credit Assessment Price (CAP) consultation: 25 March 2020
The Credit Assessment Price (CAP) is used in the Energy Indebtedness calculations to convert Credit Cover into an energy value.
We are consulting on a decrease of the CAP to £32/MWh from the last notified value of £36/MWh. A change to CAP can impact the amount of Credit Cover required by a Trading Party.
If all respondents and Credit Committee members are in agreement, the proposed value will be implemented on Wednesday 15 April 2020, 10 Business Days after the consultation closes. The trigger level will also decrease to
+/- £3/MWh.
If at least one respondent or Credit Committee member requests it or disagrees with the proposed value, Elexon will arrange a Credit Committee meeting.
The Credit Committee will determine if a change needs to be made to the value of the CAP, the trigger level and when any new value should be implemented.
Outcome
No responses were in disagreement with the new suggested CAP value. However today, Monday 30 March, the Reference Price is £29.68/MWh, and therefore the Credit Committee decided to confirm a new CAP value of £30/MWh.
On Thursday 16 April 2020, the CAP value will decrease from £36/MWh to £30/MWh. As a result, Parties may notice a change in their Credit Cover Percentage, and should review the amount of Credit Cover lodged.
The CAP review trigger level value will also reduce at +/- £3/MWh.
Risk Evaluation Register (RER) 2020/21 Industry Consultation
We are proposing a revised Risk Evaluation Register in line with Performance Assurance Framework Review.
Credit Assessment Price (CAP) consultation: 10 February 2020
This consultation seeks respondents’ views on decreasing the CAP £36/MWh from the last notified value of £41/MWh.
Outcome
No responses were in disagreement with the new suggested CAP value. As such, no Credit Committee meeting was held and the proposed CAP value was implemented on the date stated in the consultation.
Consultation for Allocation of a New Grid Supply Point (GSP) to a GSP Group – 23 January 2020
The Tongland 132kV substation currently feeds the _N GSP Group via two circuits with 132/11kV transformers, which form the existing GSP, GSP_TONG. The existing GSP is at the 11kV substation.
Scottish Power Energy Network (SPEN) is connecting two new circuits into the Tongland 132kV substation. The two new circuits will be connected via 132/33kV transformers to a 33kV substation. The new circuits at the 33kV substation will be registered as a new GSP, to be known as Tongland_1, GSP_TONG1.
The National Electricity Transmission System Operator (NETSO) propose that GSP_TONG1 is allocated to the South of Scotland (_N) GSP Group.
Credit Assessment Price (CAP Review) process consultation: 13 January 2020
The Credit Assessment Price (CAP) is used in the Energy Indebtedness calculations to convert Credit Cover into an energy value. We are consulting on a decrease of the CAP to £41/MWh from the last notified value of £47/MWh. A change to CAP can impact the amount of Credit Cover required by a Trading Party.
If all respondents and Credit Committee members are in agreement, the proposed value will be implemented on Wednesday 12 February 2020 and the trigger level will remain the same.
If at least one respondent or Credit Committee member requests it or disagrees with the proposed value, Elexon will arrange a Credit Committee meeting. The Credit Committee will determine if a change needs to be made to the value of the CAP, the trigger level and when any new value should be implemented.
Outcome
No responses were in disagreement with the new suggested CAP value. As such, no Credit Committee meeting was held and the proposed CAP value was implemented on the date stated in the consultation.
Credit Assessment Price (CAP) review consultation: 16 December 2019
This consultation seeks respondents’ views on decreasing the CAP to £47/MWh from the last notified value of £54/MWh.
This change can affect the level of Credit Cover that you are required to lodge, so we encourage you to respond to the consultation.
If at least one respondent or Credit Committee member requests it, Elexon will arrange a Credit Committee meeting after the consultation closes to determine the new CAP value.
Outcome
No responses were in disagreement with the new suggested CAP value. As such, no Credit Committee meeting was held and the proposed CAP value was implemented on the date stated in the consultation.
Consultation for Allocation of a New Grid Supply Point (GSP) to a GSP Group – 30 October 2019
Elexon has received a new GSP registration application from the National Electricity Transmission System Operator. UK Power Networks are connecting two new circuits into the Richborough 132kV substation.
Consultation on the Market Index Definition Statement Review 2019
The Market Index Definition Statement (MIDS) defines the use of Market Index Data to calculate the Market Index Price (MIP), a price reflective of wholesale electricity for a Settlement Period in the short term market. An annual review of this document is required by the BSC, to ensure that the MIP is providing a reasonable reflection of the price of wholesale electricity in the short term market.
Changes were made to the MIDS as part of BSC Modification P377 ‘Amending Gate Closure references in Market Index Data’, which was implemented on 18 April 2019.
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.
Response
Please respond using the consultation response proforma and send your responses, entitled ‘MIDS Review 2019 Consultation’, to [email protected] by Thursday 10 October 2019.
Responses to this consultation will be considered by the Imbalance Settlement Group at its meeting on 22 October 2019, where a final recommendation will be made to the BSC Panel for approval.
Credit Assessment Price (CAP) consultation: 9 September 2019
This consultation seeks respondents’ views on increasing the CAP £54/MWh from the last notified value of £43/MWh.
Outcome
No responses were in disagreement with the new suggested CAP value. As such, no Credit Committee meeting was held and the proposed CAP value was implemented on the date stated in the consultation.
P350 draft reference network mapping statement for Reference Year 2018-19
We issued a consultation on the draft reference network mapping statement for Modification P350 ‘Introduction of a seasonal Zonal Transmission Losses scheme’ to each Party. The network mapping statement is used for determining Nodal power flows in the calculation of Transmission Loss Factors.
Response
Please respond using the consultation response form and send your responses, entitled ‘P350 Draft Reference Network Mapping Statement’, to [email protected] by 17.00 on Friday 13 September 2019.
Changes to the CAP Review Process: 12 August 2019
We invite Trading Parties to indicate whether they agree with the proposal to set new CAP values based on the estimated reference price on the implementation date of the new CAP. We also invite Parties to indicate if they agree the trigger level (the value from which if the reference price deviates by, then a review of the CAP is triggered) should be automatically set. These proposed changes will allow for a more efficient process whilst maintaining the necessary levels of control.
Consultation for Allocation of a New Grid Supply Point (GSP) to a GSP Group 21 June 2019
Elexon has received a new GSP registration application from the Transmission Company. National Grid Electricity Transmission (NGET) is connecting a new GSP at Islington.
P350: Methodology for Load Periods and Sample Settlement Periods Consultation 19 June 2019
Modification P350 ‘Introduction of a seasonal Zonal Transmission Losses scheme’ introduced a Transmission Loss Factor (TLF) for each TLF Zone and BSC Season, so transmission losses can be allocated on a geographical basis. P350 went live on 1 April 2018.
This Consultation details the proposed methodology for setting Load Periods and Sample Settlement Periods to be used in the derivation of Zonal TLFs, as required by the Balancing and Settlement Code (BSC).
Outcome
No responses were in disagreement with using the suggest methodology to calculate the Load Periods (LPs) and Sample Settlement Periods (SSPs). The methodology, and the new LPs and SSPs for BSC Year 2020/21, were presented to the Imbalance Settlement Group (ISG) in July 2019. These were approved by the ISG and were published on the TLF Determination page of the Elexon Portal.
Credit Assessment Price (CAP) consultation: 10 June 2019
This consultation seeks respondents’ views on decreasing the CAP £41/MWh from the last notified value of £48/MWh.
Response
Please email responses to [email protected] using the pro-forma below by 17:00 on Tuesday 18 June 2019.
DWG’s consultation on transitioning to Market-wide Half Hourly Settlement
The DWG has developed its approach for transitioning from the current Settlement arrangements to the Target Operating Model (TOM) for Market-wide Half Hourly Settlement (MHHS).
This consultation is your opportunity to comment on the transition approach as developed by the DWG, before Ofgem makes the final decision whether to approve it.
MHHS is a fundamental reform that will affect both existing and future participants in the energy market. The DWG therefore encourages views from all stakeholders.
Responses
Please email responses to [email protected] using the response form by 08:00 on 8 July 2019.
Further information
You can find more information about the DWG on the Design Working Group page of our website.
Credit Assessment Price consultation: 4 March 2019
Following a decrease in forward market prices, a Credit Assessment Price (CAP) review was triggered. We have issued a consultation paper on the value of the Credit Assessment Price.
We propose to decrease the value of CAP to £49/MWh from the last notified CAP value of £56/MWh.
DWG’s preferred TOM for Market-wide Half Hourly Settlement consultation
This consultation seeks views on the Target Operating Model (TOM) developed by the Design Working Group (DWG), before Ofgem makes the final decision on whether to approve it. Market-wide Half Hourly Settlement (MHHS) is a fundamental reform which will impact both existing and future participants in the energy market. The DWG therefore encourages views from all stakeholders.
Risk Operating Plan (ROP) 2019/20 Consultation
This consultation sets out Elexon’s proposed plan to mitigate Settlement Risks in 2019/20. Elexon asks that respondents review the Risk Operating Plan (ROP) 2019/20, and to submit any comments to to [email protected] by 22 February 2019.
Responses to this consultation will be presented to the Performance Assurance Board (PAB) meeting on Thursday 28 March 2019.
Webinar
Elexon hosted an education webinar on 12 February to help you respond to this Risk Operating Plan consultation.
Risk Operating Plan webinar from Elexon on Vimeo.
Credit Assessment Price (CAP) consultation: 4 February 2019
This consultation seeks respondents’ views on decreasing the CAP to £56/MWh from the last agreed value of £68/MWh.
Elexon has produced a set of data visualisation graphs that show the reference CAP and the live CAP and are used by Elexon to support the regular CAP Review process.
- More on data graphs and calculating new CAP values
Response
Please email responses to [email protected] using the pro-forma below by 17:00 Tuesday 12 February 2019.
Risk Evaluation Register (RER) 2019/20 Industry Consultation
This consultation asks respondents to review the Risk Evaluation Register 2019/20, and to submit any comments to [email protected] by 21 December 2018.
We are proposing a revised Risk Evaluation Register in line with Performance Assurance Framework Review. Responses to this consultation will be presented to the Performance Assurance Board meeting on 31 January 2019. No response will be taken to mean that you agree to the proposed changes.
This Risk Evaluation Register represents a key deliverable in the Performance Assurance Framework Review and outlines a new approach to evaluating risk following our newly approved Risk Evaluation Methodology.
We are keen to ensure that you hear about these changes and understand the impact they may have on BSC Parties. With this in mind Elexon have produced a Risk Evaluation Supplimentary Information document for each risk in the Risk Evaluation Register, these can be accessed here.
Webinar
To help you respond to this consultation, we will host an education webinar on 11th December at 10:00am to provide an overview of the new register, and offer participants the opportunity to ask questions.
Recommended attendees for these seminars would be all Performance Assurance Parties, in particular any persons in Compliance, Risk or Operational Settlement roles.
Please register here if you would like to attend the webinar.
Credit Assessment Price Consultation 5 November 2018
We have issued a consultation paper on the value of Credit Assessment Price (CAP) . We invite Trading Parties to indicate whether they agree with the proposal to decrease the value of CAP to £68/MWh from its current approved level of £75/MWh.
Responses
You are invited to respond to this consultation using the consultation proforma. Please email your responses to [email protected] by 17:00 on Tuesday 13 November 2018.
Consultation on reducing CADL and DMAT parameters in 2018
We issued a consultation on the value of the pricing parameters De Minimis Acceptance Threshold (DMAT) and Continuous Acceptance Duration Limit (CADL). These parameters are used to classify and remove actions as part of the Imbalance Price Calculation.
We are proposing reducing CADL from 15 minute to 10 minutes and reducing DMAT from 1MWh to 0.1MWh.
- Elexon Insights: What’s the impact of changing DMAT and CADL?
Responses
If you have any views on views on the CADL and DMAT review, please respond using the consultation response form and send your responses, entitled “CADL / DMAT Review 2018”, to [email protected] by 17:00 on Friday 9 November 2018.
Consultation on how to align BSC reporting with EMR Regulations
The Schedule of EMR Settlement Data (which was agreed by Elexon, LCCC, ESC and EMRS in 2015) specifies that EMRS will be provided with a BM Unit Gross Demand Report, containing the gross demand data that EMRS requires in order to calculate the payments due from each licensed Supplier.
But, since then, Elexon has become aware of two evolutions:
- In July 2017, BEIS and Ofgem published their joint Smart Systems and Flexibility Plan. This plan makes clear that BEIS and Ofgem now interpret the definition of ‘supply’ in the Electricity Act as meaning that the Supplier Obligation is not payable in relation to supply to premises occupied by a generator licence holder for the purpose of carrying out activities authorised under the generation licence, even if the generation is not ‘Licensable’.
- Elexon has been approached by parties seeking to facilitate exempt supply (by the operators of community generation assets to local customers) under the class A supply licence exemption. Because this supply is not being made by a licensed Supplier it should not be subject to EMR charges, but currently the BM Unit Gross Demand Report sent to EMRS includes these volumes in the gross demand for the licensed Supplier who has registered metering on behalf of the exempt supplier.
The consultation document seeks views on how we should progress interim and enduring solutions to these issues. The BSC Panel will consider responses to the consultation at their meeting on 8 November 2018.
Risk Evaluation Methodology (REM) 2019/20 Industry Consultation
This consultation asks respondents to review the Risk Evaluation Methodology 2019/20, and to submit any comments to [email protected] by 22 October 2018.
We are proposing a revised Risk Evaluation Methodology in line with Performance Assurance Framework Review. Responses to this consultation will be presented to the Performance Assurance Board meeting on 29 November 2018. No response will be taken to mean that you agree to the proposed changes.
This Risk Evaluation Methodology represents a key step in the Performance Assurance Framework Review and outlines a new approach to evaluating risk. We are keen to ensure that you hear about these changes and understand the impact they may have on BSC Parties. This change will also likely impact how we evaluate PAP risk contribution.
Webinar
To help you respond to this consultation, we will host a number of education webinars to provide an overview of the new methodology, and offer participants the opportunity to ask questions.
Recommended attendees for these seminars would be all Performance Assurance Parties, in particular any persons in Compliance, Risk or Operational Settlement roles.
The webinar dates are:
- Friday 5 October at 10:30
- Monday 15 October at 15:00
If you would like to attend either of these webinars, please email [email protected].
MIDS Review 2018 Consultation
The Market Index Definition Statement (MIDS) defines the use of Market Index Data to calculate the Market Index Price (MIP), a price reflective of wholesale electricity for a Settlement Period in the short term market. An annual review of this document is required by the BSC, to ensure that the MIP is providing a reasonable reflection of the price of wholesale electricity in the short term market.
Changes to the MIDS timeband descriptions are recommended following BSC Modification P342, which decoupled the Submission Deadline for Energy Contract Volume Notifications (ECVNs) and Metered Volume Reallocation Notifications (MVRNs) from Gate Closure. BSC Modification P342 was implemented in November 2017.
Response
Please respond using the consultation response form and send your responses, entitled ‘MIDS Review 2018 Consultation’ , to [email protected] by 17.00 on Monday 22 October 2018.
P350 draft reference network mapping statement for Reference Year 2017-18
We issued a consultation on the draft reference network mapping statement for Modification P350 ‘Introduction of a seasonal Zonal Transmission Losses scheme’ to each Party. The network mapping statement is used for determining Nodal power flows in the calculation of Transmission Loss Factors.
Response
Please respond using the consultation response form and send your responses, entitled ‘P350 Draft Reference Network Mapping Statement’, to [email protected] by 17.00 on Friday 14 September 2018.