Consultations on Market Entry and Compliance

This page lists all Consultations relating to Market Entry and Compliance. The consultations allow ELEXON to gather feedback from the industry about proposed changes so that any concerns are considered as part of our processes.

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View Risk Operating Plan 2021/22 consultation

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. 

View Risk Evaluation Register 2021/22 consultation

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.

View Risk Operating Plan (ROP) 2020/21

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.

View Risk Evaluation Register (RER) 2020/21 Industry Consultation

Risk Evaluation Register (RER) 2020/21 Industry Consultation

We are proposing a revised Risk Evaluation Register in line with Performance Assurance Framework Review.

View Risk Operating Plan (ROP) 2019/20 Consultation

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.

View Risk Evaluation Register (RER) 2019/20 Industry Consultation

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.

View Risk Evaluation Methodology (REM) 2019/20 Industry Consultation

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]

View Changes to the Risk Evaluation Register for 2017/18

Changes to the Risk Evaluation Register for 2017/18

We identified seven new BSC Settlement Risks, which we are proposing to include as an addendum to the 2017/18 RER until such a time as the PAF documentation has undergone a full review as part of the PAF procedures work stream of the PAF review.

View Credit Assessment Price (CAP) Review Consultation: 5 February 2018

Credit Assessment Price (CAP) Review Consultation: 5 February 2018

We invite Trading Parties to indicate whether they agree with the proposal to decrease the vaule of the CAP to £47/MWh from the last notified value of £55/MWh.

View Risk Operating Plan (ROP) 2018/19 Consultation

Risk Operating Plan (ROP) 2018/19 Consultation

This consultation asks respondents to review the Risk Operating Plan (ROP) 2018/19, and to submit any comments to [email protected] by 17 November 2017. Responses to this consultation will be presented to the Performance Assurance Board (PAB) meeting in December 2017. If you have any questions on this document please contact Melinda Anderson on 020 7380 4019.

View Risk Evaluation Methodology (REM) 2018/19 Industry Consultation

Risk Evaluation Methodology (REM) 2018/19 Industry Consultation

This consultation asks respondents to review the Risk Evaluation Methodology 2018/19, and to submit any comments to [email protected] We are not proposing any changes to the methodology. Responses to this consultation will be presented to the Performance Assurance Board meeting on 30 March 2017. No response will be taken to mean that you agree that no changes be made.

View Risk Operating Plan (ROP) 2017/18 Consultation

Risk Operating Plan (ROP) 2017/18 Consultation

This consultation asks respondents to review the Risk Operating Plan (ROP) 2017/18, and to submit any comments to [email protected] by 18 November 2016. Responses to this consultation will be presented to the Performance Assurance Board (PAB) meeting in December 2016.

If you have any questions on this document please contact Melinda Anderson on 020 7380 4019.

View Performance Assurance Framework review consultation

Performance Assurance Framework review consultation

This consultation seeks respondent’s views on  the Performance Assurance Framework  (PAF) to meet the challenges of a changing market.

View Risk Evaluation Register (RER) 2017/18 Industry Consultation

Risk Evaluation Register (RER) 2017/18 Industry Consultation

This consultation asks respondents to review the Risk Evaluation Register 2017/18, and to submit any comments to [email protected] Responses to this consultation will be presented to the Performance Assurance Board meeting on 25 August 2016.

View Risk Evaluation Methodology (REM) 2017/18 Industry Consultation

Risk Evaluation Methodology (REM) 2017/18 Industry Consultation

This consultation asks respondents to review the Risk Evaluation Methodology 2017/18, and to submit any comments to melinda.a[email protected] Responses to this consultation will be presented to the Performance Assurance Board meeting on 22 April 2016.

View Credit Assessment Price (CAP) Review Consultation

Credit Assessment Price (CAP) Review Consultation

This consultation seeks respondents’ views on reducing the (CAP) to £42/MWh from the current value of £47/MWh. CAP is used in the Credit Cover calculation and a change to CAP can impact the amount of Credit Cover required by a Trading Party.

 

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