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.

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View Consultation on reducing CADL and DMAT parameters in 2018

Consultation on reducing CADL and DMAT parameters in 2018

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.

  • Elexon Insights: What’s the impact of changing DMAT and CADL?

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  [email protected] by 17:00 on Friday 9 November 2018.

View Consultation on how to align BSC reporting with EMR Regulations

Consultation on how to align BSC reporting with EMR Regulations

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.

View Risk Evaluation Methodology (REM) 2019/20 Industry Consultation

Risk Evaluation Methodology (REM) 2019/20 Industry Consultation

This consultation asks respondents to review the Risk Evaluation Methodology 2019/20, and to submit any comments to [email protected] 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 [email protected].

View MIDS Review 2018 Consultation

MIDS Review 2018 Consultation

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 [email protected]  by 17.00 on Monday 22 October 2018.

View P350 draft reference network mapping statement for Reference Year 2017-18

P350 draft reference network mapping statement for Reference Year 2017-18

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 Friday 14 September 2018.

View Consultation for allocation of a new GSP to a GSP Group

Consultation for allocation of a new GSP to a GSP Group

Elexon has received a new GSP registration application from the Transmission Company.

Southern Electric Power Distribution (SEPD) is connecting two new circuits into the existing East Claydon 132kV substation. This new Systems Connection Point will be registered in Settlement as a new GSP, to be known as East Claydon – Southern GSP (ECLA_H).

The Transmission Company propose that GSP ECLA_H is allocated to the Southern (_H) GSP Group.

A diagram showing the proposed change is included in the consultation document.

Responses

If you have any views on the allocation of the above GSPs to GSP Groups, please respond using the consultation response form and send your responses, entitled “East Claydon – Southern GSP Consultation”, to [email protected] by 17:00 on Tuesday 11 September 2018.

View Credit Assessment Price Consultation 28 August 2018

Credit Assessment Price Consultation 28 August 2018

We  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 increase the value of CAP to £70/MWh from its current approved level of £59/MWh

View Credit Assessment Price Consultation 16 July 2018

Credit Assessment Price Consultation 16 July 2018

We 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 increase the value of CAP to £59/MWh from its current approved level of £53/MWh.

Outcome

The consultation closed on Tuesday 24 July 2018. All responses were in agreement with the proposed value and therefore, in accordance with the CAP Review Guidance, a Credit Committee meeting will not be held.

On Wednesday 15 August 2018, the CAP value will increase from £53/MWh to £59/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 remain at its current value of +/- £6/MWh.

View P350: Consultation on Methodology for Load Periods and Sample Settlement Periods 19 June 2018

P350: Consultation on Methodology for Load Periods and Sample Settlement Periods 19 June 2018

Modification P350 ‘Introduction of a seasonal Zonal Transmission Losses scheme’ introduced a Transmission Loss Factor (TLF) for each TLF Zone and BSC Season, so transmission losses can be allocated on a geographical basis. P350 went live on 1 April 2018.

This Consultation details the proposed methodology for setting Load Periods and Sample Settlement Periods to be used in the derivation of Zonal TLFs, as required by the Balancing and Settlement Code (BSC).

We encourage you to respond to this consultation using the consultation pro-forma. The consultation period will end on Tuesday 03 July 2018 at 17:00. Please return responses to: [email protected].

At the end of the consultation period, Elexon will consider all responses and, if required, update the methodology accordingly. The methodology, along with all consultation responses, will be presented to the Imbalance Settlement Group (ISG) meeting in July to request approval of both the methodology and actual LPs and SSPs.

Upon approval, Elexon will publish the actual LPs and SSPs on the website on or before 31 August 2018. 

View Credit Assessment Price Consultation 08 May 2018

Credit Assessment Price Consultation 08 May 2018

A trigger event has occurred, meaning that the absolute difference between the CAP and the reference price is greater than the upper trigger level of £6/MWh. As a result, a consultation on a new CAP value has commenced. You are invited to respond to this consultation using the consultation proforma.

The consultation period will end on Tuesday 15 May 2018 at 17:00. Please return responses to [email protected].

Following the end of the consultation period, if required, the Credit Committee will try to meet on the week commencing 14 May 2018 to consider the responses, and decide whether to change the current CAP value and the trigger level.

Any change will be notified to all BSC Parties, and the new value will come into effect at least 15 Working Days later. If a Credit Committee meeting is not required at the end of the consultation period, the new CAP value of £53/MWh will be implemented on Thursday 7 June 2018.

Outcome 

The consultation closed on Tuesday 15 May 2018. All responses were in agreement with the proposed value and therefore, in accordance with the CAP Review Guidance, a Credit Committee meeting will not be held. 

On Thursday 7 June 2018, the CAP value will increase from £47/MWh to £53/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 remain at its current value of +/- £6/MWh.

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