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.
Consultation: Credit Assessment Price decrease to £230/MWh
We are consulting on a decrease of the CAP to £230/MWh from the last notified value of £240/MWh. This is a two day consultation, and will close at 17:00 on 18 November 2021.
Outcome
The consultation closed on Thursday 18 November 2021 and two responses disagreed with the proposed value.
The Credit Committee considered the consultation responses without holding a Credit Committee meeting, so as not to hold up the implementation of the reduced CAP value. These responses will be considered in more detail at the next Credit Committee meeting, which will be in the week beginning 29 November 2021.
- Circular EL03457
Consultation issued on 01 November on decrease of the CAP to £240/MWh
We are consulting on a decrease of the CAP to £240/MWh from the last notified value of £259/MWh. A change to CAP can impact the amount of Credit Cover required by a BSC Party.
Alternative CAP Review process consultation
This consultation seeks views on including an alternative review process in the Credit Assessment Price (CAP) Review Guidance Document in light of volatile electricity market prices.
Consultation issued on 4 October on increase of the CAP to £259/MWh
We are consulting on an increase of the CAP to £259/MWh from the last notified value of £184/MWh. A change to CAP can impact the amount of Credit Cover required by a BSC Party.
CAP consultation issued on 20 September on further record level of £184/MWh
We are consulting on an increase of the CAP to £184/MWh from the last notified value of £137/MWh.
Consultation on the Market Index Definition Statement (MIDS) Review 2021
We are seeking your views on the annual Market Index Definition Statement (MIDS) review. If you represent BSC Parties or any other party in connection with the MIDS please respond to this online consultation.
CAP consultation issued on 6 September on record level of £137/MWh
We are consulting on an increase of the CAP to £137/MWh from the last notified value of £113/MWh.
P350 Draft reference Network Mapping Statement consultation 2022-23
This consultation seeks views on the draft reference Network Mapping Statement for use in the allocation of Transmission Loss Factors (TLFs) for BSC Year 2022-2023.
P350: Consultation on Methodology for Load Periods and Sample Settlement Periods 18 August 2021
This consultation details the proposed methodology for setting Load Periods and Sample Settlement Periods used in the derivation of Zonal Transmission Loss Factors (TLFs), as required by the Balancing and Settlement Code (BSC).
Credit Assessment Price Consultation 9 August 2021
We have issued a consultation paper on the value of the Credit Assessment Price (CAP). We are consulting on an increase of the CAP to £113/MWh from the current value of £96/MWh.
This consultation has now closed. See the outcome of the consultation.