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.
Metering Dispensations D505 Consultation
This is a public industry consultation on Metering Dispensation D505. We seek views from BSC Parties expressing their views or providing any further evidence on any of the matters contained within the consultation on D505.
Credit Assessment Price (CAP) consultation: 7 September 2020
We have issued a consultation paper on the value of Credit Assessment Price (CAP). We invite Parties to indicate whether they agree with the proposal to increase the value of CAP to £56/MWh from last notified value of £46/MWh.
Consultation on the Market Index Definition Statement Review 2020
Our yearly analysis suggests that there are no further changes to the MIDS required at this time, with the current Individual Liquidity Threshold (ILT), timeband weightings and product weightings remaining suitable.
Consultation for Allocation of a New Grid Supply Point (GSP) to a GSP Group – 4 September 2020
Scottish Hydro Electric Transmission plc (SHE-T) is connecting a new circuit to the Rothienorman 33kV substation, required as part of the East Coast 400 kV Reinforcement project. This new Systems Connection Point will be registered in Settlement as a new GSP, to be known as Rothienorman (ROTI3).
The National Electricity Transmission System Operator (NETSO) propose that GSP_ ROTI3 is allocated to the North Scotland (_P) GSP Group.
Responses
If you have any views on the allocation of the above GSP to the North Scotland GSP Group, please respond using the consultation response form, and send to [email protected] by 17:00 on 18 September 2020.
P350 draft reference network mapping statement for Reference Year 2019-20
We issued a consultation on the draft reference network mapping statement for Modification P350 ‘Introduction of a seasonal Zonal Transmission Losses scheme’ to each Party. The network mapping statement is used for determining Nodal power flows in the calculation of Transmission Loss Factors.
Response
Please respond using the consultation response form and send your responses, entitled ‘P350 Draft Reference Network Mapping Statement’, to [email protected] by 17.00 on Monday 14 September 2020.
Credit Assessment Price (CAP) consultation: 10 August
We are consulting on an increase of the CAP to £46/MWh from the current CAP value of £36/MWh. A change to CAP can impact the amount of Credit Cover required by a Trading Party.
Credit Assessment Price (CAP) consultation: 6 July 2020
The Credit Assessment Price (CAP) is used in the Energy Indebtedness calculations to convert Credit Cover into an energy value.
Issue 89 Request for Information
The BSC Panel has asked Elexon to provide analysis on the cost and effort related to the DCE that occurred on 9 August 2019 (DCE00201). We are looking specifically at those costs incurred by parties, both direct and indirect, associated with the SAP that are required to be carried out to ensure Settlement is accurately calculated for the Settlement Periods impacted by the DCE. This analysis is being carried out for Issue 89 and P397.
The provision of this information is critical to meet the aim of Issue 89, to ensure the SAP is fit for purpose, and the aim for P397, to only run the SAP when the benefits outweigh the costs. Moreover, the provision of this information is needed to meet the Ofgem request in relation to P397. Your help and support in this matter is appreciated.
Risk Operating Plan (ROP) 2020/21
The ROP has undergone a re-assessment as part of the Performance Assurance annual cycle taking into account changes to Risk Impacts as outline in the Risk Evaluation Register 2020/21. The risks to Settlement have been identified and evaluated in line with the Risk Evaluation Methodology approved for 2019/20.
To help us process your response, please email your completed response form to [email protected] by 15 May 2020.
Credit Assessment Price (CAP) consultation: 25 March 2020
The Credit Assessment Price (CAP) is used in the Energy Indebtedness calculations to convert Credit Cover into an energy value.
We are consulting on a decrease of the CAP to £32/MWh from the last notified value of £36/MWh. A change to CAP can impact the amount of Credit Cover required by a Trading Party.
If all respondents and Credit Committee members are in agreement, the proposed value will be implemented on Wednesday 15 April 2020, 10 Business Days after the consultation closes. The trigger level will also decrease to
+/- £3/MWh.
If at least one respondent or Credit Committee member requests it or disagrees with the proposed value, Elexon will arrange a Credit Committee meeting.
The Credit Committee will determine if a change needs to be made to the value of the CAP, the trigger level and when any new value should be implemented.
Outcome
No responses were in disagreement with the new suggested CAP value. However today, Monday 30 March, the Reference Price is £29.68/MWh, and therefore the Credit Committee decided to confirm a new CAP value of £30/MWh.
On Thursday 16 April 2020, the CAP value will decrease from £36/MWh to £30/MWh. As a result, Parties may notice a change in their Credit Cover Percentage, and should review the amount of Credit Cover lodged.
The CAP review trigger level value will also reduce at +/- £3/MWh.