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 121-125 of 245)

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View Changes to the CAP Review Process: 12 August 2019

Changes to the CAP Review Process: 12 August 2019

We invite Trading Parties to indicate whether they agree with the proposal to set new CAP values based on the estimated reference price on the implementation date of the new CAP. We also invite Parties to indicate if they agree the trigger level (the value from which if the reference price deviates by, then a review of the CAP is triggered) should be automatically set. These proposed changes will allow for a more efficient process whilst maintaining the necessary levels of control.

View DWG’s consultation on transitioning to Market-wide Half Hourly Settlement

DWG’s consultation on transitioning to Market-wide Half Hourly Settlement

The DWG has developed its approach for transitioning from the current Settlement arrangements to the Target Operating Model (TOM) for Market-wide Half Hourly Settlement (MHHS).

This consultation is your opportunity to comment on the transition approach as developed by the DWG, before Ofgem makes the final decision whether to approve it.

MHHS is a fundamental reform that will affect both existing and future participants in the energy market. The DWG therefore encourages views from all stakeholders.

Responses

Please email responses to [email protected] using the response form by 08:00 on 8 July 2019.

Further information

You can find more information about the DWG on the Design Working Group page of our website.

View P350: Methodology for Load Periods and Sample Settlement Periods Consultation 19 June 2019

P350: Methodology for Load Periods and Sample Settlement Periods Consultation 19 June 2019

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).

Outcome

No responses were in disagreement with using the suggest methodology to calculate the Load Periods (LPs) and Sample Settlement Periods (SSPs). The methodology, and the new LPs and SSPs for BSC Year 2020/21, were presented to the Imbalance Settlement Group (ISG) in July 2019. These were approved by the ISG and were published on the TLF Determination page of the Elexon Portal.  

View Credit Assessment Price (CAP) consultation: 10 June 2019

Credit Assessment Price (CAP) consultation: 10 June 2019

This consultation seeks respondents’ views on decreasing the CAP £41/MWh from the last notified value of £48/MWh. 

Response

Please email responses to [email protected] using the pro-forma below by 17:00 on Tuesday 18 June 2019.

My BSC

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