CP0755

Formal title: Enhanced ECVAA Reporting

Current Status

Submission
Assessment
CPC Consultation
Committee Decision
Awaiting Implementation
Implemented

Summary

During the recent collapse of some Enron companies, Elexon arranged for a number of temporary changes to the production of the Forward Contract Report : – • increasing the frequency of production from two to five times per day; • including data for the current day together with the next seven days; and • Provision of an extended Forward Contract Report providing long term information beyond the usual seven day horizon.
These were provided to assist Parties in confirming their notified contract position with the ECVAA during the exceptional circumstances. In light of the increased information these reports provided, it would seem helpful, subject to costs, to consider making enhancements to reports generated by the ECVAA. This would increase the routine reporting to Parties, and help in the management of any future market problems.

Progression

This CP was implemented

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