Glossary

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 (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 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.

My BSC

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