Consultations on Operations and Settlement

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

(Showing items 1-33 of 33)

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Credit Assessment Price Consultation 5 November 2018

Summary

We have issued a consultation paper on the value of Credit Assessment Price (CAP) . We invite Trading Parties to indicate whether they agree with the proposal to decrease the value of CAP to £68/MWh from its current approved level of £75/MWh.

Responses

You are invited to respond to this consultation using the consultation proforma. Please email your responses to Credit.Committee@elexon.co.uk by 17:00 on Tuesday 13 November 2018. 

Consultation on reducing CADL and DMAT parameters in 2018

Summary

We issued a consultation on the value of the pricing parameters De Minimis Acceptance Threshold (DMAT) and Continuous Acceptance Duration Limit (CADL). These parameters are used to classify and remove actions as part of the Imbalance Price Calculation.

We are proposing reducing CADL from 15 minute to 10 minutes and reducing DMAT from 1MWh to 0.1MWh.

Responses

If you have any views on views on the CADL and DMAT review,  please respond using the consultation response form and send your responses, entitled “CADL / DMAT Review 2018”, to  market.operations@elexon.co.uk by 17:00 on Friday 9 November 2018.

Consultation on how to align BSC reporting with EMR Regulations

Summary

The Schedule of EMR Settlement Data (which was agreed by ELEXON, LCCC, ESC and EMRS in 2015) specifies that EMRS will be provided with a BM Unit Gross Demand Report, containing the gross demand data that EMRS requires in order to calculate the payments due from each licensed Supplier.

But, since then, ELEXON has become aware of two evolutions:

  • In July 2017, BEIS and Ofgem published their joint Smart Systems and Flexibility Plan. This plan makes clear that BEIS and Ofgem now interpret the definition of ‘supply’ in the Electricity Act as meaning that the Supplier Obligation is not payable in relation to supply to premises occupied by a generator licence holder for the purpose of carrying out activities authorised under the generation licence, even if the generation is not ‘Licensable’.
  • ELEXON has been approached by parties seeking to facilitate exempt supply (by the operators of community generation assets to local customers) under the class A supply licence exemption. Because this supply is not being made by a licensed Supplier it should not be subject to EMR charges, but currently the BM Unit Gross Demand Report sent to EMRS includes these volumes in the gross demand for the licensed Supplier who has registered metering on behalf of the exempt supplier.

The consultation document seeks views on how we should progress interim and enduring solutions to these issues. The BSC Panel will consider responses to the consultation at their meeting on 8 November 2018.

MIDS Review 2018 Consultation

Summary

The Market Index Definition Statement (MIDS) defines the use of Market Index Data to calculate the Market Index Price (MIP), a price reflective of wholesale electricity for a Settlement Period in the short term market. An annual review of this document is required by the BSC, to ensure that the MIP is providing a reasonable reflection of the price of wholesale electricity in the short term market.

Changes to the MIDS timeband descriptions are recommended following BSC Modification P342, which decoupled the Submission Deadline for Energy Contract Volume Notifications (ECVNs) and Metered Volume Reallocation Notifications (MVRNs) from Gate Closure. BSC Modification P342 was implemented in November 2017.

Response

Please respond using the consultation response form and send your responses, entitled  ‘MIDS Review 2018 Consultation’ , to market.operations@elexon.co.uk  by 17.00 on Monday 22 October 2018.

P350 draft reference network mapping statement for Reference Year 2017-18

Summary

We issued a consultation on the draft reference network mapping statement for Modification P350 ‘Introduction of a seasonal Zonal Transmission Losses scheme’ to each Party. The network mapping statement is used for determining Nodal power flows in the calculation of Transmission Loss Factors. 

Response

Please respond using the consultation response form and send your responses, entitled  ‘P350 Draft Reference Network Mapping Statement’, to bm.unit@elexon.co.uk  by 17.00 on Friday 14 September 2018.

Credit Assessment Price Consultation 28 August 2018

Summary

We  issued a consultation paper on the value of Credit Assessment Price (CAP) . We invite Trading Parties to indicate whether they agree with the proposal to increase the value of CAP to £70/MWh from its current approved level of £59/MWh

Consultation for allocation of a new GSP to a GSP Group

Summary

ELEXON has received a new GSP registration application from the Transmission Company.

Southern Electric Power Distribution (SEPD) is connecting two new circuits into the existing East Claydon 132kV substation. This new Systems Connection Point will be registered in Settlement as a new GSP, to be known as East Claydon – Southern GSP (ECLA_H).

The Transmission Company propose that GSP ECLA_H is allocated to the Southern (_H) GSP Group.

A diagram showing the proposed change is included in the consultation document.

Responses

If you have any views on the allocation of the above GSPs to GSP Groups, please respond using the consultation response form and send your responses, entitled “East Claydon – Southern GSP Consultation”, to bm.unit@elexon.co.uk by 17:00 on Tuesday 11 September 2018.

Credit Assessment Price Consultation 16 July 2018

Summary

We issued a consultation paper on the value of Credit Assessment Price (CAP). We invite Trading Parties to indicate whether they agree with the proposal to increase the value of CAP to £59/MWh from its current approved level of £53/MWh.

Outcome

The consultation closed on Tuesday 24 July 2018. All responses were in agreement with the proposed value and therefore, in accordance with the CAP Review Guidance, a Credit Committee meeting will not be held.

On Wednesday 15 August 2018, the CAP value will increase from £53/MWh to £59/MWh. As a result, Parties may notice a change in their Credit Cover Percentage, and should review the amount of Credit Cover lodged.

The CAP review trigger level value will remain at its current value of +/- £6/MWh.

P350: Consultation on Methodology for Load Periods and Sample Settlement Periods 19 June 2018

Summary

Modification P350 ‘Introduction of a seasonal Zonal Transmission Losses scheme’ introduced a Transmission Loss Factor (TLF) for each TLF Zone and BSC Season, so transmission losses can be allocated on a geographical basis. P350 went live on 1 April 2018.

This Consultation details the proposed methodology for setting Load Periods and Sample Settlement Periods to be used in the derivation of Zonal TLFs, as required by the Balancing and Settlement Code (BSC).

We encourage you to respond to this consultation using the consultation pro-forma. The consultation period will end on Tuesday 03 July 2018 at 17:00. Please return responses to: market.operations@elexon.co.uk.

At the end of the consultation period, ELEXON will consider all responses and, if required, update the methodology accordingly. The methodology, along with all consultation responses, will be presented to the Imbalance Settlement Group (ISG) meeting in July to request approval of both the methodology and actual LPs and SSPs.

Upon approval, ELEXON will publish the actual LPs and SSPs on the website on or before 31 August 2018. 

Credit Assessment Price Consultation 08 May 2018

Summary

A trigger event has occurred, meaning that the absolute difference between the CAP and the reference price is greater than the upper trigger level of £6/MWh. As a result, a consultation on a new CAP value has commenced. You are invited to respond to this consultation using the consultation proforma.

The consultation period will end on Tuesday 15 May 2018 at 17:00. Please return responses to Credit.committee@elexon.co.uk.

Following the end of the consultation period, if required, the Credit Committee will try to meet on the week commencing 14 May 2018 to consider the responses, and decide whether to change the current CAP value and the trigger level.

Any change will be notified to all BSC Parties, and the new value will come into effect at least 15 Working Days later. If a Credit Committee meeting is not required at the end of the consultation period, the new CAP value of £53/MWh will be implemented on Thursday 7 June 2018.

Outcome 

The consultation closed on Tuesday 15 May 2018. All responses were in agreement with the proposed value and therefore, in accordance with the CAP Review Guidance, a Credit Committee meeting will not be held. 

On Thursday 7 June 2018, the CAP value will increase from £47/MWh to £53/MWh. As a result, Parties may notice a change in their Credit Cover Percentage, and should review the amount of Credit Cover lodged.

The CAP review trigger level value will remain at its current value of +/- £6/MWh.

DWG Consultation Skeleton Target Operating Models 2018

Summary

This consultation has been prepared by the Design Working Group to inform stakeholders about the skeleton TOMs and seeks your input on the design and evaluation work to date.

The TOM design work has been developed for Ofgem by the ELEXON-chaired Design Working Group. The Group has met monthly since October and produced five high level ‘skeleton’ TOM options, as set out in this consultation. We have approved the skeleton TOMs, concluding the first stage of the TOM design work.

The Design Working Group will now, through this consultation and a stakeholder seminar, seek stakeholder views on the skeleton TOMs to inform them as they proceed to stage 2, which is where the detailed design of the skeleton TOMs will be undertaken.

Consultation for Allocation of New Grid Supply Points to a GSP Groups

Summary

ELEXON has received three new GSP registrations application from the Transmission Company.  All relate to the reconfiguration of existing assets.

Harris GSP and Stornoway GSP (North of Scotland)

There are two proposed new GSPs on the Scottish Western Isles, to be known as Harris GSP (GSP HARG_P) and Stornoway GSP (GSP STOR_P).

The Transmission Company propose that both GSP HARG_P and GSP STOR_P are allocated to the North of Scotland (_P) GSP Group.

Ferrybridge (Yorkshire)

NPG Yorkshire (YEDB) is the current Registrant of an existing Distribution System Connection Point (DSCP) (FERRB9) at Ferrybridge B 132kV substation. NPG Yorkshire intends to de-register the DSCP and instead register these circuits as a new GSP FERRB_M to feed the Yorkshire (_M) GSP Group.

The Transmission Company propose that GSP FERRB_M is allocated to the Yorkshire (_M) GSP Group.

Responses

If you have any views on the allocation of the above GSPs to GSP Groups, please respond using the consultation response form and send your responses, entitled “Harris, Stornoway and Ferrybridge GSP Registration”, to bm.unit@elexon.co.uk by 17:00 on Monday 12 March 2018.

Generic Metering Dispensation Consultation: D/477

Summary

SP Manweb plc has applied for a lifetime generic Metering Dispensation (D/477). This consultation seeks views from Registrants and other interested parties. Responses will  be considered by the Imbalance Settlement Group (ISG) and Supplier Allocation Group (SVG), who will decide whether to grant the Dispensation.

Data review for the Market Index Definition Statement – 2017

Summary

The Market Index Definition Statement (MIDS) defines the way the Market Index Price is calculated. We review the MIDS annually, as required by the Balancing and Settlement Code (BSC).

Our analysis shows that the current Individual Liquidity Threshold (ILT), timeband and product weightings remain suitable for 2017/18. We are seeking views on whether Parties agree that the current parameters should remain unchanged.

Changes to the CAP review process consultation: 18 April 2017

Summary

We invite Trading Parties to indicate whether they agree with the proposal to improve the efficiency of the process by automatically setting the CAP to the breached reference price unless at least one BSC Party or a Credit Committee member requests a meeting to be held. These proposed changes will allow for a more efficient process whilst maintaining the necessary levels of control around the CAP value.

Review of Metering Dispensations and non-standard BM Units

Summary

This consultation seeks respondent’s views on our recent review of Metering Dispensations and non-standard Balancing Mechanism (BM) Unit applications.

Credit Assessment Price (CAP) consultation: 29 November 2016

Summary

This consultation seeks respondents’ views on decreasing the CAP to £88/MWh from the last agreed value of £106/MWh. Please email responses to Credit.committee@elexon.co.uk using the profroma below by 17:00 Tuesday 6 December 2016.

MIDS Consultation

Summary

This Consultation relates to the update of the two Market Index Data Provider (MIDP) details in the Market Index Definition Statement (MIDS).

MIDS review 2016 consultation

Summary

The Market Index Definition Statement (MIDS) defines the way the Market Index Price – used to determine the ‘reverse’ Energy Imbalance Price – is calculated. We review the MIDS annually, as required by the Balancing Settlement Code (BSC).

Our analysis shows that the current Individual Liquidity Threshold (ILT), timeband and product weightings remain suitable for 2016/17. We are seeking views on whether Parties agree that the current parameters should remain unchanged.

Credit Assessment Price (CAP) process review consultation

Summary

This consultation seeks respondents’ views on on options to improve the CAP setting and implementation process. Responses will be presented to the Credit Committee at its March 2016 meeting.

Credit Assessment Price (CAP) Review Consultation

Summary

This consultation seeks respondents’ views on reducing the Credit Assessment Price (CAP) to £37/MWh from the current value of £42/MWh. The 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.

 

Risk Operating Plan (ROP) 2016/17 Consultation

Summary

This consultation asks respondents to review the Risk Operating Plan (ROP) 2016/17, and to submit any comments to melinda.anderson@elexon.co.uk by 18 December 2015. Responses to this consultation will be presented to the Performance Assurance Board (PAB) meeting in February 2016.
If you have any questions on this document please contact Melinda Anderson on 020 7380 4019.

Data review for the Market Index Definition Statement 2015

Summary

Our yearly analysis shows that the current Individual Liquidity Threshold (ILT), timeband weightings and product weightings remain suitable for 2015/16. We are now seeking views on whether the MIDS will remain fit for purpose following implementation of a Single Imbalance Price in November 2015.

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