Glossary

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.

(Showing items 1-50 of 246)

Show 10 | 20 | 50 | All
View Consultation: increasing CAP to £78 from 18 June 2024

Consultation: increasing CAP to £78 from 18 June 2024

This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £78 from 18 June 2024. This two-day consultation will close at 17:00 on 31 May 2024.

View Consultation: increasing CAP to £70 from 31 May 2024

Consultation: increasing CAP to £70 from 31 May 2024

This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £70 from 31 May 2024. This two-day consultation will close at 17:00 on 15 May 2024.

View Consultation on MHHS Qualification Assessment Document

Consultation on MHHS Qualification Assessment Document

The Qualification Assessment Document (QAD) sets out the information and evidence that all Suppliers, Supplier Agents, MEMs, and LDSOs are required to provide to BSC and REC Code Bodies so that they can be MHHS Qualified to operate the new arrangements.

View Consultation: decreasing CAP to £62 from 7 March 2024

Consultation: decreasing CAP to £62 from 7 March 2024

This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £62 from 7 March 2024. This two-day consultation will close at 17:00 on 21 February 2024.

View Risk Operating Plan 2024/25 consultation

Risk Operating Plan 2024/25 consultation

We invite you to comment on the Risk Operating Plan (ROP) for 2024/25. The ROP provides an overview of planned activities undertaken by the Performance Assurance Administrator (PAA) as part of the Performance Assurance annual cycle.

View Consultation: decreasing CAP to £75 from 20 February 2024

Consultation: decreasing CAP to £75 from 20 February 2024

This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £75 from 20 February 2024. This two-day consultation will close at 17:00 on 2 February 2024.

View Consultation: decreasing CAP to £90 from 2 February 2024

Consultation: decreasing CAP to £90 from 2 February 2024

This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £90 from 2 February 2024. This two-day consultation will close at 17:00 on 18 January 2024.

View Consultation: decreasing CAP to £100 from 4 January 2024

Consultation: decreasing CAP to £100 from 4 January 2024

This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £100 from 4 January 2024. This two-day consultation will close at 17:00 on 15 December 2023.

View Consultation on the Risk Evaluation Register 2024/25

Consultation on the Risk Evaluation Register 2024/25

We invite you to respond to the consultation on the Risk Evaluation Register (RER) which sets out potential Risk events and the affect they would likely have on the Settlement Risks during 2024/25.

View Consultation: increasing CAP to £120 from 21 November 2023

Consultation: increasing CAP to £120 from 21 November 2023

This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £120 from 21 November 2023. This two-day consultation will close at 17:00 on 6 November 2023.

View Consultation on Metering Dispensation D/565 for non-compliant Metering Equipment

Consultation on Metering Dispensation D/565 for non-compliant Metering Equipment

Elexon Ltd (Elexon) has raised a generic Metering Dispensation (D/565) on behalf of SMS PLC (SMS). If the BSC Panel approves a generic Metering Dispensation, it allows non-compliant Metering Equipment (or Metering Equipment that has not been approved under BSCP601 – a requirement of CoPs 1, 2, 3, 5, 10 and 11) to be installed and registered in any Settlement Metering System, subject to any conditions the BSC Panel agrees.

View Consultation: increasing CAP to £130 from 3 November 2023

Consultation: increasing CAP to £130 from 3 November 2023

This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £130 from 3 November 2023. This two-day consultation will close at 17:00 on 19 October 2023.

View Consultation on the Market Index Definition Statement (MIDS) Review 2023

Consultation on the Market Index Definition Statement (MIDS) Review 2023

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.

View Consultation: increasing CAP to £105 from 18 October 2023

Consultation: increasing CAP to £105 from 18 October 2023

This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £105 from 18 October 2023. This two-day consultation will close at 17:00 on 3 October 2023.

View Consultation: P350 Draft Reference Network Mapping Statement 2024-25

Consultation: P350 Draft Reference Network Mapping Statement 2024-25

This consultation seeks views on the draft reference Network Mapping Statement (NMS) for use in the allocation of Transmission Loss Factors (TLFs) for BSC Year 2024-2025.

View Consultation: increasing CAP to £95 from 5 September 2023

Consultation: increasing CAP to £95 from 5 September 2023

This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £95 from 5 September 2023. This two-day consultation closed at 17:00 on 18 August 2023.

View P350 TLFA process: Consultation on Methodology for LP and SSP 2024-2025

P350 TLFA process: Consultation on Methodology for LP and SSP 2024-2025

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). New values are set each year, and views are sought from the Transmission Company and BSC Parties on continuing to use the same method as for previous years.

View Consultation: decreasing CAP to £90 from 2 August 2023

Consultation: decreasing CAP to £90 from 2 August 2023

This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £90 from 2 August 2023. This two-day consultation will close at 17:00 on 18 July 2023.

View Issue 107: Consultation on Confirmation Notices

Issue 107: Consultation on Confirmation Notices

The Issue 107 Workgroup are seeking views from Trading Parties on its two preferred invoicing options.

View Consultation: increasing CAP to £100 from 5 July 2023

Consultation: increasing CAP to £100 from 5 July 2023

This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £100 from 5 July 2023. This two-day consultation will close at 17:00 on 20 June 2023.

View Consultation: decreasing CAP to £90 from 13 June 2023

Consultation: decreasing CAP to £90 from 13 June 2023

This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £90 from 13 June 2023. This two-day consultation will close at 17:00 on 25 May 2023.

View P415 & P444 Report Phase Consultations

P415 & P444 Report Phase Consultations

P415 seeks to amend the BSC to allow Virtual Lead Parties (VLPs) to participate in the GB wholesale market.

The P444 solution seeks to introduce compensation for Suppliers and Virtual Lead Parties (VLPs) for volumes adjusted by VLPs in the Balancing Mechanism.

View Consultation: decreasing CAP to £100 from 26 May 2023

Consultation: decreasing CAP to £100 from 26 May 2023

This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £100 from 26 May 2023. This two-day consultation will close at 17:00 on 11 May 2023.

View Consultation: decreasing CAP to £110 from 11 May 2023

Consultation: decreasing CAP to £110 from 11 May 2023

This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £110 from 11 May 2023. This two-day consultation will close at 17:00 on 24 April 2023.

View Consultation: decreasing CAP to £125 from 14 April 2023

Consultation: decreasing CAP to £125 from 14 April 2023

This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £125 from 14 April 2023. This two-day consultation will close at 17:00 on 28 March 2023.

View Consultation: decreasing the CAP to £140/MWh from 22 March 2023

Consultation: decreasing the CAP to £140/MWh from 22 March 2023

This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £140/MWh from 22 March 2023. This two-day consultation will close at 17:00 on 7 March 2023.

View Risk Operating Plan 2023/24 consultation

Risk Operating Plan 2023/24 consultation

We invite you to comment on the Risk Operating Plan (ROP) for 2023/24. The ROP provides an overview of planned activities undertaken by the Performance Assurance Administrator (PAA) as part of the Performance Assurance annual cycle.

View Consultation: decreasing the CAP to £155/MWh from 1 March 2023

Consultation: decreasing the CAP to £155/MWh from 1 March 2023

This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £155/MWh from 1 March 2023. This two-day consultation will close at 17:00 on 14 February 2023.

View Consultation: decreasing CAP to £170 from 3 February 2023

Consultation: decreasing CAP to £170 from 3 February 2023

This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £170/MWh from 3 February 2023. This two-day consultation will close at 17:00 on 19 January 2023.

Earlier this month, the Credit Committee notified a Credit Assessment Price (CAP) decrease to £220/MWh from 20 January 2023. A further decrease in forward market prices has prompted the Credit Committee to propose a £170/MWh CAP value effective from 3 February 2023 for consultation.

View Consultation: decreasing CAP to £250 from 20 January 2023

Consultation: decreasing CAP to £250 from 20 January 2023

This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £250/MWh from 20 January 2023. This two-day consultation will close at 17:00 on 5 January 2023.

View Consultation: revising CAP to £400 from 5 January 2023

Consultation: revising CAP to £400 from 5 January 2023

This page gives details of a consultation on revising the Credit Assessment Price (CAP) to £400/MWh from 5 January 2023. This two-day consultation will close at 17:00 on 16 December 2022.

Earlier this month, the Credit Committee confirmed a Credit Assessment Price (CAP) increase to £450/MWh from 21 December 2022. However, a decrease in forward prices since this was notified has resulted in an additional CAP value of £400/MWh effective from 5 January 2023 to be proposed by the Credit Committee for consultation. This gives the Credit Committee the optionality to change the CAP, or the option to withdraw any notified CAP(s) when further data is available closer to the implementation date.

View Consultation: increasing CAP to £490 from 21 December 2022

Consultation: increasing CAP to £490 from 21 December 2022

This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £490/MWh from 21 December. This two-day consultation will close at 10:00 on 7 December 2022.

Last month, the Credit Committee confirmed a Credit Assessment Price (CAP) increase to £350/MWh from 14 December 2022. However, significant increases in forward prices since this was notified has resulted in an additional higher CAP value of £490/MWh effective from 21 December 2022 to be proposed by the Credit Committee for consultation. This gives the Credit Committee the optionality to increase the CAP if System Prices significantly increases, or the option to withdraw when further data is available closer to the implementation date.

View Consultation: increasing CAP to £350 from 14 December 2022

Consultation: increasing CAP to £350 from 14 December 2022

This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £350/MWh from 14 December. This two-day consultation will close at 10:00 on 30 November 2022.

Earlier this month, the Credit Committee confirmed a Credit Assessment Price (CAP) increase to £300/MWh from 30 November 2022. However, following prices in December remaining higher, a CAP value of £350/MWh effective from 14 December 2022 has been proposed by the Credit Committee for consultation. This gives the Credit Committee the optionality to increase the CAP were forward prices to remain higher, or the option to withdraw when further data is available closer to the implementation date.

View Consultation: increasing CAP to £300/MWh from 30 November 2022

Consultation: increasing CAP to £300/MWh from 30 November 2022

This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £300/MWh from 30 November. This two-day consultation will close at 10:00 on 16 November 2022.

Last month, the Credit Committee confirmed a Credit Assessment Price (CAP) at £250/MWh from 8 November 2022. However, following prices in December remaining higher, a CAP value of £300/MWh effective from 30 November 2022 has been proposed by the Credit Committee for consultation. This gives the Credit Committee the optionality to increase the CAP were December prices to remain higher, or the option to withdraw it if prices remain steady, or decrease, when further data is available closer to December delivery.

View Consultation: revising CAP to £300/MWh from 8 November 2022

Consultation: revising CAP to £300/MWh from 8 November 2022

This page gives details of a consultation on revising the Credit Assessment Price (CAP) to £300/MWh from 8 November. This two-day consultation will close at 10:00 on 25 October 2022.

View Consultation on Credit Assessment Price increase to £525/MWh from 1 November 2022

Consultation on Credit Assessment Price increase to £525/MWh from 1 November 2022

This page gives details of a consultation on revising the Credit Assessment Price (CAP) to £525/MWh from 1 November. This two-day consultation will close at 17:00 on 17 October 2022.

View Data Release Consultation: Total Number of MPANs by DNO/IDNO (DR712203)

Data Release Consultation: Total Number of MPANs by DNO/IDNO (DR712203)

This consultation seeks to publish the count of Metering Systems per DNO (Distribution Network Operator) and IDNO (Independent Distribution Network Operator) under a BSC Open Data Licence. This will improve the visibility of the DNO market.

View Data Release Consultation: Total Number of MPANs by DA, DC and MOA (DR197306)

Data Release Consultation: Total Number of MPANs by DA, DC and MOA (DR197306)

This consultation seeks to publish the count of Metering Systems per Data Collector (DC), Data Aggregator (DA) and Meter Operating Agent (MOA) under a BSC Open Data Licence. This will improve the visibility of the market for these roles.

View Consultation on the Market Index Definition Statement (MIDS) Review 2022

Consultation on the Market Index Definition Statement (MIDS) Review 2022

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.

View Consultation: Credit Assessment Price revision for mid-October 2022

Consultation: Credit Assessment Price revision for mid-October 2022

This page gives details of a consultation on revising the Credit Assessment Price (CAP) to £420/MWh from 12 October 2022 and to £465/MWh from 19 October. This two-day consultation will close at 17:00 on 27 September 2022.

View Consultation: Credit Assessment Price decrease to £350/MWh from 7 October 2022

Consultation: Credit Assessment Price decrease to £350/MWh from 7 October 2022

This page gives details of a consultation on revising the Credit Assessment Price (CAP) to £350/MWh from 7 October 2022. This two-day consultation will close at 17:00 on 22 September 2022.

View Consultation: P350 Draft Reference Network Mapping Statement 2023-24

Consultation: P350 Draft Reference Network Mapping Statement 2023-24

This consultation seeks views on the draft reference Network Mapping Statement (NMS) for use in the allocation of Transmission Loss Factors (TLFs) for BSC Year 2023-2024.

View Consultation on CAP change to £515/MWh from 21 September 2022

Consultation on CAP change to £515/MWh from 21 September 2022

This page gives details of a consultation on revising the Credit Assessment Price (CAP) to £515/MWh from 21 September 2022. This two-day consultation will close at 17:00 on 6 September 2022.

View Consultation: CAP increase to £565/MWh from 15 September 2022

Consultation: CAP increase to £565/MWh from 15 September 2022

This page gives details of a consultation on revising the Credit Assessment Price (CAP) to £565/MWh from 15 September 2022. This two-day consultation will close at 17:00 on 31 August 2022.


Outcome

The Credit Committee has decided to withdraw the previously notified CAP of £475/MWh that was due for implementation from 16 September. This decision follows on from recent decreases in the forward market prices and means that the current CAP of £415/MWh will remain valid on and beyond 16 September until the next scheduled CAP replaces it.

  • Elexon Circular EL03664 – first outcome where the Credit Committee did not go ahead with the consulted CAP but set a £475/MWh CAP
  • Elexon Circular EL03676 – second outcome withdrawing of the £475/MWh CAP

View BSC Sandbox Consultation BSB003: application by Good Energy – 15 August 2022

BSC Sandbox Consultation BSB003: application by Good Energy – 15 August 2022

Elexon has issued a public industry consultation for BSC Parties and interested Third Parties to seek views on the impacts on Parties relating to the implementation of a BSC Sandbox Application by Good Energy.

Good Energy have raised a BSC Sandbox request for a derogation against the BSC provisions preventing them from appointing different Supplier Agents for Import / Export Metering Systems where Data Communications Company (DCC) enabled Smart Meters are installed. This will allow them to remove a barrier preventing the use of Export Metering System IDs (MSIDs) for small-scale micro generation.

View Consultation: Credit Assessment Price increase to £435/MWh from 7 September 2022

Consultation: Credit Assessment Price increase to £435/MWh from 7 September 2022

This page gives details of a consultation on revising the Credit Assessment Price (CAP) to £435/MWh from 7 September 2022. This two-day consultation will close at 17:00 on 22 August 2022.


Outcome

The Credit Committee has decided to withdraw the notified CAP of £510/MWh before implementation on 7 September 2022. This means the current CAP value of £415/MWh remains valid at least until it is replaced by the next scheduled CAP of £475/MWh on 16 September.

  • Elexon Circular EL03667

On 7 September, the CAP value will increase to £510/MWh. As a result, Parties may notice a change in their Credit Cover Percentage and should review the amount of Credit Cover lodged.

A Consultation paper on the value of the CAP was issued on 18 August as part of the alternative CAP review process. BSC Parties were invited to indicate whether they agreed with the proposal to increase the value of the CAP to £435/MWh effective from 7 September.

  • Elexon Circular EL03654

View Consultation on CAP increase to £395/MWh from 31 August 2022

Consultation on CAP increase to £395/MWh from 31 August 2022

This page gives details of a consultation on revising the Credit Assessment Price (CAP) to £395/MWh from 31 August 2022. This two-day consultation will close at 10:00 on 16 August 2022.


Outcome

On Wednesday 31 August, the CAP value will increase to £415/MWh. As a result, Parties may notice a change in their Credit Cover Percentage and should review the amount of Credit Cover lodged.

  • Elexon Circular EL03650

View Consultation on CAP increase to £390/MWh from 24 August 2022

Consultation on CAP increase to £390/MWh from 24 August 2022

This page gives details of a consultation on revising the Credit Assessment Price (CAP) to £390/MWh from 24 August 2022. This two-day consultation will close at 17:00 on 9 August 2022.


Outcome

On Wednesday 24 August 2022, the CAP value will increase to £390/MWh. As a result, Parties may notice a change in their Credit Cover Percentage and should review the amount of Credit Cover lodged.

  • Elexon Circular EL03648

My BSC

Click on the X next to any of the icons to replace them with a short-cut link to the page you are currently on or search for a specific page.