CP1454 – Amendment to the Category 1 Materiality Calculation
Formal title: Amendment to the Category 1 Materiality Calculation
Current Status
Submission
Assessment
CPC Consultation
Committee Decision
Awaiting Implementation
Implemented
Summary
CP1454 proposes that a calculation is performed by Elexon in the same way that the materiality of a Trading Dispute is calculated, in order to provide a more accurate materiality of each category 1 non-compliance. This CP will therefore require changes to BSCP27 to reflect this.
Progression
CP1454 was raised by Elexon on 11 January 2016. The new CP Progression Paper was presented to the ISG for information on 26 January 2016 and to the SVG for information on 2 February 2016. It was issued for CP Consultation on 8 February 2016, with responses due by 4 March 2016. CP1454 was approved by the ISG at its meeting on 22 March 2016 and by the SVG at its meeting on 5 April 2016 for implementation on 30 June 2016.