Glossary

Consultation on Risk Operating Plan 2025/26

We invite you to comment on the Risk Operating Plan (ROP) for 2025/26. The ROP provides an overview of planned activities undertaken by the Performance Assurance Administrator (PAA) as part of the Performance Assurance annual cycle.

Status

What is proposed?

The Balancing and Settlement Code (BSC) requires the Performance Assurance Board (PAB) to determine on an annual basis which Performance Assurance Techniques (PATs) and other assurance activities it considers should be deployed for each Settlement Risk identified on the Risk Evaluation Register (RER). This is recorded in the Risk Operating Plan (ROP).

The 2025/26 Risk Operating Plan details the specific CVA and SVA settlement risks that have been selected as ‘high focus’ based on the risk scoring in the Risk Evaluation Register (RER). In addition, it proposes an increased focus on assurance activities for 2025/26, particularly regarding Market Wide Half Hourly Settlement (MHHS).

The risks to Settlement have been identified and evaluated in line with the Performance Assurance Board (PAB) strategy and feedback received from BSC Parties.

How to respond

Please respond by 5pm on 17 February 2025 using the form below.

My BSC

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