Consultations on Operations and Settlement
This page lists all Consultations relating to Operations and Settlement. The consultations allow the team to gather feedback from the industry about proposed changes so that any concerns are considered as part of our processes.
Credit Assessment Price (CAP) consultation: September 2016
This consultation seeks respondents’ views on increasing the CAP to £51/MWh from the current value of £42/MWh. Please email responses to [email protected] using the profroma below by 17:00 Tuesday 27 September 2016.
MIDS review 2016 consultation
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) consultation: August 2016
This consultation seeks respondents’ views on increasing the CAP to £42/MWh from the current value of £38/MWh. Please email responses to [email protected] using the profroma below by 17:00 Tuesday 16 August 2016.
Credit Assessment Price (CAP) consultation: June 2016
This consultation seeks respondents’ views on increasing the CAP to £37/MWh from the current value of £33/MWh. Please email responses to [email protected] using the profroma below by 17:00 Tuesday 21 June 2016.
Credit Assessment Price (CAP) process review consultation
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) consultation: February 2016
This consultation seeks respondents’ views on reducing the CAP to £33/MWh from the current value of £38/MWh. Please email responses to [email protected] using the profroma below by 17:00, Tuesday 1 March 2016.
Credit Assessment Price (CAP) Review Consultation
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
This consultation asks respondents to review the Risk Operating Plan (ROP) 2016/17, and to submit any comments to [email protected] 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.
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.
Data review for the Market Index Definition Statement 2015
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.