Consultations for all Process, Operational and Credit areas

The Performance Assurance Board (PAB) endorsed the draft Within Period Revisions (WPRs) to the Risk Evaluation Register (RER) 2014/15 for industry consultation on Thursday 27 November 2014, and we distributed it to industry for consultation. We invite you to respond to the consultation – the proposed amendments are in the Consultation Questions form and the ledger.  Please email your completed response to [email protected] by Monday 22 December 2014

The Profiling and Settlement Review Group seeks views from interested parties on the impacts of registering dynamically switched smart Meters as Half Hourly (HH) Metering Systems.

This consultation asks respondents to review the Risk Operating Plan (ROP) 2015/16, and to submit any comments to [email protected] by 21 November 2014. Responses to this consultation will be presented to the Performance Assurance Board (PAB) meeting on 27 November 2014.

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

This consultation seeks respondents’ views on increasing the Credit Assessment Price (CAP) to £55/MWh. CAP is used in the Credit Cover calculation and a change to the value of CAP can affect the amount of Credit Cover that a Party is required to lodge. Responses to this consultation will be presented to the Credit Committee.

If you have any questions about this consultation please contact Beth Connew on 020 7380 4189 or [email protected].

The Profiling and Settlement Review Group seeks views from impacted and interested parties on the benefits and savings, and costs and impacts, of the two options identified for reducing Settlement timescales.

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 weightings and product weightings are suitable. However, the calculation could better reflect trades close to Gate Closure. We recommend excluding trades more than eight hours ahead of Gate Closure rather than the current 12 hours.

Due to some amendments made, Price changes has been updated to version 2 below.

This consultation asks respondents to review the Risk Evaluation Register 2015/16, and to submit any comments to [email protected]. Responses to this consultation will be presented to the Performance Assurance Board meeting on 28 August 2014.

Scottish & Southern Energy is constructing a new Grid Supply Point in Cairnford, Aberdeenshire, to be known as Cairnford GSP.
The Transmission Company propose that GSP_CAIF is allocated to the SHEPD (_P) GSP Group.

This consultation is part of a Profiling and Settlement Review project to identify options for maintaining accurate Settlement for dynamically switched Meters during and after the smart metering roll-out.

National Grid is constructing a new Grid Supply Point in Liverpool, connected to the Electricity North West Limited Distribution System at Kirkby. This is to be known as GSP_KIBY_G to differentiate it from the existing GSP at Kirkby, GSP_KIRY_1 which is connected to the SP Manweb Plc Distribution System. The Transmission Company propose that GSP_KIBY_G is allocated to the North Western (_G) GSP Group.

Prior to the SVG making any revision of the Grid Supply Points to be comprised in a Group of GSPs, the Code requires the Panel to consult with the Authority, the Transmission Company, the Licensed Distribution System Operators comprised or to be comprised in relevant GSP Groups and all Suppliers.

You are invited to provide a response in respect of the questions on the attached pro-forma. Please send your responses, entitled “Kirkby GSP Registration Consultation”, to [email protected] by 17:00 on Thursday, 29 May 2014.