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.
Credit Assessment Price consultation: 4 March 2019
Following a decrease in forward market prices, a Credit Assessment Price (CAP) review was triggered. We have issued a consultation paper on the value of the Credit Assessment Price.
We propose to decrease the value of CAP to £49/MWh from the last notified CAP value of £56/MWh.
DWG’s preferred TOM for Market-wide Half Hourly Settlement consultation
This consultation seeks views on the Target Operating Model (TOM) developed by the Design Working Group (DWG), before Ofgem makes the final decision on whether to approve it. Market-wide Half Hourly Settlement (MHHS) is a fundamental reform which will impact both existing and future participants in the energy market. The DWG therefore encourages views from all stakeholders.
Risk Operating Plan (ROP) 2019/20 Consultation
This consultation sets out Elexon’s proposed plan to mitigate Settlement Risks in 2019/20. Elexon asks that respondents review the Risk Operating Plan (ROP) 2019/20, and to submit any comments to to [email protected] by 22 February 2019.
Responses to this consultation will be presented to the Performance Assurance Board (PAB) meeting on Thursday 28 March 2019.
Webinar
Elexon hosted an education webinar on 12 February to help you respond to this Risk Operating Plan consultation.
Risk Operating Plan webinar from Elexon on Vimeo.
Credit Assessment Price (CAP) consultation: 4 February 2019
This consultation seeks respondents’ views on decreasing the CAP to £56/MWh from the last agreed value of £68/MWh.
Elexon has produced a set of data visualisation graphs that show the reference CAP and the live CAP and are used by Elexon to support the regular CAP Review process.
- More on data graphs and calculating new CAP values
Response
Please email responses to [email protected] using the pro-forma below by 17:00 Tuesday 12 February 2019.
Risk Evaluation Register (RER) 2019/20 Industry Consultation
This consultation asks respondents to review the Risk Evaluation Register 2019/20, and to submit any comments to [email protected] by 21 December 2018.
We are proposing a revised Risk Evaluation Register in line with Performance Assurance Framework Review. Responses to this consultation will be presented to the Performance Assurance Board meeting on 31 January 2019. No response will be taken to mean that you agree to the proposed changes.
This Risk Evaluation Register represents a key deliverable in the Performance Assurance Framework Review and outlines a new approach to evaluating risk following our newly approved Risk Evaluation Methodology.
We are keen to ensure that you hear about these changes and understand the impact they may have on BSC Parties. With this in mind Elexon have produced a Risk Evaluation Supplimentary Information document for each risk in the Risk Evaluation Register, these can be accessed here.
Webinar
To help you respond to this consultation, we will host an education webinar on 11th December at 10:00am to provide an overview of the new register, 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.
Please register here if you would like to attend the webinar.