About the BSC change process: News
Webinar on P375: Settlement of Secondary BM Units held on 7 December 2021
We are running a webinar on 7 December to help explain Modification P375: Settlement of Secondary BM Units using metering behind the site Boundary Point.
P412 National Grid ESO Consultation: responses due by 5pm on 26 November 2021Source: National Grid ESO
National Grid ESO consultation: Settling non-BM Response and Reserve Services at a Price that reflects the real-time value of Energy Consultation (P412).
18 October 2021 – 26 November 2021, All day
This is the Report Phase Consultation for P332 ‘Revisions to the Supplier Hub Principle’.
This Modification seeks to address issues associated with customer preferred Supplier Agents. The proposed solution is a side letter between Elexon and Supplier Volume Allocation (SVA) Data Collectors (DCs) which will enable a Supplier who does not have a direct contract with the DC to enforce, as a last resort, the side letter as a proxy contract, to ensure that BSC obligations are met. The proposed solution will now apply to SVA DCs only as SVA Meter Operator governance will move from the BSC to the Retail Energy Code (REC) from 1 September 2021 as part of Retail Code Consolidation (RCC).
Modification P399 approved by Ofgem
On 18 May, Ofgem approved Modification P399. This modification will level the playing field between publicly available data on BM and non-BM trades, so that market participants can identify the organisations and assets which are providing these additional non-BM balancing services. P399 will be implemented on 4 November 2021 as part of the November 2021 BSC release.
Ground-breaking Modification to support net zero is approved
Energy regulator Ofgem has approved BSC Modification P375 a ground-breaking change to the Balancing and Settlement Code (BSC) which will allow individual Asset Meters located ‘behind the boundary point’ to be used for Settlement purposes.
Video: BSC Change on their updated ways of working
The BSC Change team have published a new video outlining the changes to their ways of working they have made in the last year. This is based on feedback they received from BSC Parties.
Approval of Modification P398 increases access to BSC data
Ofgem has approved Modification P398 ‘Increasing access to BSC Data’ for implementation on 24 June 2021. P398 will amend the BSC so that all data is assumed open unless there is a reason otherwise and will not directly impact any market participants. BSC Parties and non-BSC Parties will be able to apply for data under a new process introduced by this Modification. This Modification will better align the BSC with moves towards a smarter energy system.
Balancing and Settlement Code for Dummies launches
Elexon has worked with publisher, Wiley to launch a new book ‘The Balancing and Settlement Code for Dummies’ which provides a simple overview of the BSC and wholesale electricity market arrangements. This is a first for any energy code administrator,
COVID-19: Managing changes to the Balancing and Settlement Code
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.
Smart meter consultation including changes to the BSC
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.
Podcast: P392 ‘Amending BSC Change Process for EBGL Article 18’
Streamlining the BSC and improving protection for Trading Parties
On 27 February, Elexon implemented seven changes to the Balancing and Settlement Code (BSC) as part of the February 2020 BSC release.