Consultations for all Process, Operational and Credit areas
This page lists all Consultations relating to BSC and code processes, Market Entry and Compliance, and 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.
This list does not include Change Consultations.
Credit Assessment Price consultation: 4 March 2019
Summary
Following a decrease in forward market prices, a Credit Assessment Price (CAP) review was triggered. We have issued a consultation paper on the value of the Credit Assessment Price.
We propose to decrease the value of CAP to £49/MWh from the last notified CAP value of £56/MWh.
Response
Trading Parties can comment on this consultation using the consultation proforma. Please send your responses to Credit.Committee@elexon.co.uk by 17:00 on 12 March 2019.
Background information
ELEXON has produced a set of data visualisation graphs that show the reference CAP and the live CAP and are used by ELEXON to support the regular CAP Review process.
DWG’s preferred TOM for Market-wide Half Hourly Settlement consultation
Summary
On 15 February 2019, Ofgem published the Design Working Group’s (DWG’s) report on its preferred Target Operating Model (TOM) for Market-wide Half Hourly Settlement (MHHS).
This consultation is your opportunity to comment on the DWG’s preferred TOM, before Ofgem decides whether to approve it.
MHHS is a fundamental reform which will impact both existing and future participants in the energy market. The DWG therefore encourages views from all stakeholders.
Responses
Please email responses to dwgsecretary@elexon.co.uk using the response form by 17:00 on 15 March 2019.
Further information
You can find more information about the DWG on the Design Working Group page of our website.
Credit Assessment Price (CAP) consultation: 4 February 2019
Summary
This consultation seeks respondents’ views on decreasing the CAP to £56/MWh from the last agreed value of £68/MWh.
ELEXON has produced a set of data visualisation graphs that show the reference CAP and the live CAP and are used by ELEXON to support the regular CAP Review process.
Response
Please email responses to Credit.committee@elexon.co.uk using the pro-forma below by 17:00 Tuesday 12 February 2019.
Risk Operating Plan (ROP) 2019/20 Consultation
Summary
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 Ryan.Dale@elexon.co.uk 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.
Risk Evaluation Register (RER) 2019/20 Industry Consultation
Summary
This consultation asks respondents to review the Risk Evaluation Register 2019/20, and to submit any comments to ryan.dale@elexon.co.uk 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.
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.
Risk Evaluation Methodology (REM) 2019/20 Industry Consultation
Summary
This consultation asks respondents to review the Risk Evaluation Methodology 2019/20, and to submit any comments to ryan.dale@elexon.co.uk 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 events@elexon.co.uk.
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.