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.
Risk Evaluation Register (RER) 2020/21 Industry Consultation
We are proposing a revised Risk Evaluation Register in line with Performance Assurance Framework Review.
Credit Assessment Price (CAP) consultation: 10 February 2020
This consultation seeks respondents’ views on decreasing the CAP £36/MWh from the last notified value of £41/MWh.
Outcome
No responses were in disagreement with the new suggested CAP value. As such, no Credit Committee meeting was held and the proposed CAP value was implemented on the date stated in the consultation.
Consultation for Allocation of a New Grid Supply Point (GSP) to a GSP Group – 23 January 2020
The Tongland 132kV substation currently feeds the _N GSP Group via two circuits with 132/11kV transformers, which form the existing GSP, GSP_TONG. The existing GSP is at the 11kV substation.
Scottish Power Energy Network (SPEN) is connecting two new circuits into the Tongland 132kV substation. The two new circuits will be connected via 132/33kV transformers to a 33kV substation. The new circuits at the 33kV substation will be registered as a new GSP, to be known as Tongland_1, GSP_TONG1.
The National Electricity Transmission System Operator (NETSO) propose that GSP_TONG1 is allocated to the South of Scotland (_N) GSP Group.
Credit Assessment Price (CAP Review) process consultation: 13 January 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 £41/MWh from the last notified value of £47/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 12 February 2020 and the trigger level will remain the same.
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. As such, no Credit Committee meeting was held and the proposed CAP value was implemented on the date stated in the consultation.
Credit Assessment Price (CAP) review consultation: 16 December 2019
This consultation seeks respondents’ views on decreasing the CAP to £47/MWh from the last notified value of £54/MWh.
This change can affect the level of Credit Cover that you are required to lodge, so we encourage you to respond to the consultation.
If at least one respondent or Credit Committee member requests it, Elexon will arrange a Credit Committee meeting after the consultation closes to determine the new CAP value.
Outcome
No responses were in disagreement with the new suggested CAP value. As such, no Credit Committee meeting was held and the proposed CAP value was implemented on the date stated in the consultation.