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Process, Operational and Credit Consultations

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.

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(Showing items 1-20 of 103)

Changes to the Risk Evaluation Register for 2017/18 [Open]

  • Consultation Type: Market Entry and Compliance, Process, Operational and Credit
  • Issue Date: 12 February 2018
  • Response Date: 23 February 2018

Summary

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.

Credit Assessment Price (CAP) Review Consultation: 5 February 2018 [Open]

  • Consultation Type: Market Entry and Compliance, Process, Operational and Credit
  • Issue Date: 5 February 2018
  • Response Date: 12 February 2018

Summary

We invite Trading Parties to indicate whether they agree with the proposal to decrease the vaule of the CAP to £47/MWh from the last notified value of £55/MWh.

Risk Operating Plan (ROP) 2018/19 Consultation [Open]

  • Consultation Type: Market Entry and Compliance, Process, Operational and Credit
  • Issue Date: 27 October 2017
  • Response Date: 17 November 2017

Summary

This consultation asks respondents to review the Risk Operating Plan (ROP) 2018/19, and to submit any comments to melinda.anderson@elexon.co.uk 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.

Generic Metering Dispensation Consultation: D/477 [Closed]

  • Consultation Type: Operations and Settlement, Process, Operational and Credit
  • Issue Date: 25 September 2017
  • Response Date: 9 October 2017

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 [Open]

  • Consultation Type: Operations and Settlement, Process, Operational and Credit
  • Issue Date: 23 August 2017
  • Response Date: 7 September 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.

Credit Assessment Price (CAP) review consultation: 21 August 2017 [Open]

  • Consultation Type: Operations and Settlement, Process, Operational and Credit
  • Issue Date: 21 August 2017
  • Response Date: 29 August 2017

Summary

We invite Trading Parties to indicate whether they agree with the proposal to increase the vaule of the CAP to £50/MWh from the last notified value of £43/MWh.

Changes to the CAP review process consultation: 18 April 2017 [Closed]

  • Consultation Type: Operations and Settlement, Process, Operational and Credit
  • Issue Date: 18 April 2017
  • Response Date: 2 May 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.

Credit Assessment Price (CAP) review consultation: 20 March 2017 [Closed]

  • Consultation Type: Operations and Settlement, Process, Operational and Credit
  • Issue Date: 20 March 2017
  • Response Date: 28 March 2017

Summary

We invite Trading Parties to indicate whether they agree with the proposal to decrease the value of CAP to £44/MWh from its lastest approved level of £49/MWh.

Credit Assessment Price (CAP) review consultation: 13 February 2017 [Closed]

  • Consultation Type: Operations and Settlement, Process, Operational and Credit
  • Issue Date: 13 February 2017
  • Response Date: 21 February 2017

Summary

We invite Trading Parties to indicate whether they agree with the proposal to decrease the value of CAP to £52/MWh from its current level of £57/MWh.

Risk Evaluation Methodology (REM) 2018/19 Industry Consultation [Open] [Open]

  • Consultation Type: Market Entry and Compliance, Process, Operational and Credit
  • Issue Date: 27 January 2017
  • Response Date: 17 February 2017

Summary

This consultation asks respondents to review the Risk Evaluation Methodology 2018/19, and to submit any comments to melinda.anderson@elexon.co.uk. We are not proposing any changes to the methodology. Responses to this consultation will be presented to the Performance Assurance Board meeting on 30 March 2017. No response will be taken to mean that you agree that no changes be made.

Credit Assessment Price (CAP) review consultation: 10 January 2017 [Open]

  • Consultation Type: Operations and Settlement, Process, Operational and Credit
  • Issue Date: 10 January 2017
  • Response Date: 17 January 2017

Summary

We invite Trading Parties to indicate whether they agree with the proposal to decrease the value of CAP to £57/MWh from its current level of £63/MWh.

Review of Metering Dispensations and non-standard BM Units [Open]

  • Consultation Type: Operations and Settlement, Process, Operational and Credit
  • Issue Date: 5 December 2016
  • Response Date: 6 January 2017

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 [Open]

  • Consultation Type: Operations and Settlement, Process, Operational and Credit
  • Issue Date: 29 November 2016
  • Response Date: 6 December 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 [Open]

  • Consultation Type: Operations and Settlement, Process, Operational and Credit
  • Issue Date: 16 November 2016
  • Response Date: 1 December 2016

Summary

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

Credit Assessment Price (CAP) consultation: 8 November 2016 [Open]

  • Consultation Type: Operations and Settlement, Process, Operational and Credit
  • Issue Date: 8 November 2016
  • Response Date: 15 November 2016

Summary

This consultation seeks respondents’ views on increasing the CAP to £110/MWh or a higher value between £120/MWh and £125/MWh from the last agreed value of £98/MWh. Please email responses to Credit.committee@elexon.co.uk using the profroma below by 17:00 Tuesday 15 November 2016.

Risk Operating Plan (ROP) 2017/18 Consultation [Open]

  • Consultation Type: Market Entry and Compliance, Process, Operational and Credit
  • Issue Date: 28 October 2016
  • Response Date: 18 November 2016

Summary

This consultation asks respondents to review the Risk Operating Plan (ROP) 2017/18, and to submit any comments to melinda.anderson@elexon.co.uk by 18 November 2016. Responses to this consultation will be presented to the Performance Assurance Board (PAB) meeting in December 2016.

If you have any questions on this document please contact Melinda Anderson on 020 7380 4019.

Credit Assessment Price (CAP) consultation: October 2016 [Open]

  • Consultation Type: Operations and Settlement, Process, Operational and Credit
  • Issue Date: 11 October 2016
  • Response Date: 18 October 2016

Summary

This consultation seeks respondents’ views on increasing the CAP to £68/MWh from the last agreed value of £53/MWh. Please email responses to Credit.committee@elexon.co.uk using the profroma below by 17:00 Tuesday 18 October 2016.

Performance Assurance Framework review consultation [Open]

  • Consultation Type: Market Entry and Compliance, Process, Operational and Credit
  • Issue Date: 19 September 2016
  • Response Date: 14 October 2016

Summary

This consultation seeks respondent’s views on  the Performance Assurance Framework  (PAF) to meet the challenges of a changing market.

Credit Assessment Price (CAP) consultation: September 2016 [Open]

  • Consultation Type: Operations and Settlement, Process, Operational and Credit
  • Issue Date: 19 September 2016
  • Response Date: 27 September 2016

Summary

This consultation seeks respondents’ views on increasing the CAP to £51/MWh from the current value of £42/MWh. Please email responses to Credit.committee@elexon.co.uk using the profroma below by 17:00 Tuesday 27 September 2016.

MIDS review 2016 consultation [Open]

  • Consultation Type: Operations and Settlement, Process, Operational and Credit
  • Issue Date: 23 August 2016
  • Response Date: 7 September 2016

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.