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 151-200 of 245)

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View Credit Assessment Price (CAP) review consultation: 20 March 2017

Credit Assessment Price (CAP) review consultation: 20 March 2017

We invite Trading Parties to indicate whether they agree with the proposal to decrease the value of CAP to £44/MWh from its lastest approved level of £49/MWh.

View Credit Assessment Price (CAP) review consultation: 13 February 2017

Credit Assessment Price (CAP) review consultation: 13 February 2017

We invite Trading Parties to indicate whether they agree with the proposal to decrease the value of CAP to £52/MWh from its current level of £57/MWh.

View Risk Evaluation Methodology (REM) 2018/19 Industry Consultation

Risk Evaluation Methodology (REM) 2018/19 Industry Consultation

This consultation asks respondents to review the Risk Evaluation Methodology 2018/19, and to submit any comments to [email protected]. We are not proposing any changes to the methodology. Responses to this consultation will be presented to the Performance Assurance Board meeting on 30 March 2017. No response will be taken to mean that you agree that no changes be made.

View Credit Assessment Price (CAP) review consultation: 10 January 2017

Credit Assessment Price (CAP) review consultation: 10 January 2017

We invite Trading Parties to indicate whether they agree with the proposal to decrease the value of CAP to £57/MWh from its current level of £63/MWh.

View Review of Metering Dispensations and non-standard BM Units

Review of Metering Dispensations and non-standard BM Units

This consultation seeks respondent’s views on our recent review of Metering Dispensations and non-standard Balancing Mechanism (BM) Unit applications.

View Credit Assessment Price (CAP) consultation: 29 November 2016

Credit Assessment Price (CAP) consultation: 29 November 2016

This consultation seeks respondents’ views on decreasing the CAP to £88/MWh from the last agreed value of £106/MWh. Please email responses to [email protected] using the profroma below by 17:00 Tuesday 6 December 2016.

View MIDS Consultation

MIDS Consultation

This Consultation relates to the update of the two Market Index Data Provider (MIDP) details in the Market Index Definition Statement (MIDS).

View Credit Assessment Price (CAP) consultation: 8 November 2016

Credit Assessment Price (CAP) consultation: 8 November 2016

This consultation seeks respondents’ views on increasing the CAP to £110/MWh or a higher value between £120/MWh and £125/MWh from the last agreed value of £98/MWh. Please email responses to [email protected] using the profroma below by 17:00 Tuesday 15 November 2016.

View Risk Operating Plan (ROP) 2017/18 Consultation

Risk Operating Plan (ROP) 2017/18 Consultation

This consultation asks respondents to review the Risk Operating Plan (ROP) 2017/18, and to submit any comments to [email protected] by 18 November 2016. Responses to this consultation will be presented to the Performance Assurance Board (PAB) meeting in December 2016.

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

View Credit Assessment Price (CAP) consultation: October 2016

Credit Assessment Price (CAP) consultation: October 2016

This consultation seeks respondents’ views on increasing the CAP to £68/MWh from the last agreed value of £53/MWh. Please email responses to [email protected] using the profroma below by 17:00 Tuesday 18 October 2016.

View Performance Assurance Framework review consultation

Performance Assurance Framework review consultation

This consultation seeks respondent’s views on  the Performance Assurance Framework  (PAF) to meet the challenges of a changing market.

View Credit Assessment Price (CAP) consultation: September 2016

Credit Assessment Price (CAP) consultation: September 2016

This consultation seeks respondents’ views on increasing the CAP to £51/MWh from the current value of £42/MWh. Please email responses to [email protected] using the profroma below by 17:00 Tuesday 27 September 2016.

View MIDS review 2016 consultation

MIDS review 2016 consultation

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 and product weightings remain suitable for 2016/17. We are seeking views on whether Parties agree that the current parameters should remain unchanged.

View Credit Assessment Price (CAP) consultation: August 2016

Credit Assessment Price (CAP) consultation: August 2016

This consultation seeks respondents’ views on increasing the CAP to £42/MWh from the current value of £38/MWh. Please email responses to [email protected] using the profroma below by 17:00 Tuesday 16 August 2016.

View Risk Evaluation Register (RER) 2017/18 Industry Consultation

Risk Evaluation Register (RER) 2017/18 Industry Consultation

This consultation asks respondents to review the Risk Evaluation Register 2017/18, and to submit any comments to [email protected]. Responses to this consultation will be presented to the Performance Assurance Board meeting on 25 August 2016.

View Credit Assessment Price (CAP) consultation: June 2016

Credit Assessment Price (CAP) consultation: June 2016

This consultation seeks respondents’ views on increasing the CAP to £37/MWh from the current value of £33/MWh. Please email responses to [email protected] using the profroma below by 17:00 Tuesday 21 June 2016.

View Risk Evaluation Methodology (REM) 2017/18 Industry Consultation

Risk Evaluation Methodology (REM) 2017/18 Industry Consultation

This consultation asks respondents to review the Risk Evaluation Methodology 2017/18, and to submit any comments to [email protected]. Responses to this consultation will be presented to the Performance Assurance Board meeting on 22 April 2016.

View Credit Assessment Price (CAP) consultation: February 2016

Credit Assessment Price (CAP) consultation: February 2016

This consultation seeks respondents’ views on reducing the CAP to £33/MWh from the current value of £38/MWh. Please email responses to [email protected] using the profroma below by 17:00, Tuesday 1 March 2016.

View Credit Assessment Price (CAP) process review consultation

Credit Assessment Price (CAP) process review consultation

This consultation seeks respondents’ views on on options to improve the CAP setting and implementation process. Responses will be presented to the Credit Committee at its March 2016 meeting.

View Credit Assessment Price (CAP) Review Consultation

Credit Assessment Price (CAP) Review Consultation

This consultation seeks respondents’ views on reducing the Credit Assessment Price (CAP) to £37/MWh from the current value of £42/MWh. The CAP is used in the Credit Cover calculation and a change to CAP can impact the amount of Credit Cover required by a Trading Party.

 

View Risk Operating Plan (ROP) 2016/17 Consultation

Risk Operating Plan (ROP) 2016/17 Consultation

This consultation asks respondents to review the Risk Operating Plan (ROP) 2016/17, and to submit any comments to [email protected] by 18 December 2015. Responses to this consultation will be presented to the Performance Assurance Board (PAB) meeting in February 2016.
If you have any questions on this document please contact Melinda Anderson on 020 7380 4019.

View Credit Assessment Price (CAP) Review Consultation

Credit Assessment Price (CAP) Review Consultation

This consultation seeks respondents’ views on reducing the (CAP) to £42/MWh from the current value of £47/MWh. CAP is used in the Credit Cover calculation and a change to CAP can impact the amount of Credit Cover required by a Trading Party.

 

View Data review for the Market Index Definition Statement 2015

Data review for the Market Index Definition Statement 2015

Our yearly analysis shows that the current Individual Liquidity Threshold (ILT), timeband weightings and product weightings remain suitable for 2015/16. We are now seeking views on whether the MIDS will remain fit for purpose following implementation of a Single Imbalance Price in November 2015.

View Cross-Code Address Data Quality Consultation

Cross-Code Address Data Quality Consultation

Further to the work on improving the quality of gas and electricity data, Ofgem has asked electricity and gas code administrators to establish an expert group (the Address Data Working Group (ADWG)) to look at address data. The objective is to explore potential options for harmonising address formats and utilising Unique Property Reference Numbers (UPRNs) to support the launch of a Centralised Registration Service (CRS). The purpose of this consultation is to seek the views of electricity and gas market participants and other interest parties in order to inform the ADWG’s final report and recommendations to Ofgem.

View Risk Evaluation Register 2016/17 for Industry Consultation

Risk Evaluation Register 2016/17 for Industry Consultation

This consultation asks respondents to review the Risk Evaluation Register 2016/17, and to submit any comments to [email protected]. Responses to this consultation will be presented to the Performance Assurance Board meeting on 27 August 2015.

View UMSUG consultation on generic UMS Charge Codes for LED lighting products

UMSUG consultation on generic UMS Charge Codes for LED lighting products

We invite your views on changing how we provide Charge Codes for light-emitting diode (LED) lighting products with Unmetered Supplies (UMS).
In the last two years we have issued over 3,000 UMS Charge Codes for LED street lights.
To mitigate this proliferation of LED Charge Codes, we propose to introduce new generic Charge Codes for LED lighting products and new supporting Switch Regimes for single-step dimming.
We invite your views on this, our proposed implementation approach and the appropriate implementation timescales.

We especially welcome views from Suppliers, UMS Operators, Meter Administrators, customers using LED lighting products with UMS (e.g. county councils, highways managers), providers of UMS inventory databases, providers of UMS Central Management Systems and manufacturers of LED lighting products.

View CACoP Principle 13 Consultation

CACoP Principle 13 Consultation

The Code Administration Code of Practice (CACoP) defines 12 high level principles that that electricity and gas Code Administrators should follow to help protect the interests of small market participants and consumers. The Code Panels propose to add a new principle on cross Code coordination to the existing CACoP.

This consultation invites market participants and any other interested parties to provide their views on the draft of this principle by 19 June 2015.

View Consultation for Allocation of a New Grid Supply Point (GSP) to a GSP Group

Consultation for Allocation of a New Grid Supply Point (GSP) to a GSP Group

Elexon has received a new GSP registration application from the Transmission Company, Northern Powergrid. It is constructing a new Grid Supply Point in Knaresborough, to be known as Knaresborough GSP.
The Transmission Company propose that GSP_KNAR is allocated to the North East (_F) GSP Group. Respondents’ views are sought when assessing the GSP_KNAR (Knaresborough) GSP Registration.

View Risk Evaluation Methodology 2016/17 Industry Consultation

Risk Evaluation Methodology 2016/17 Industry Consultation

This consultation asks respondents to review the Risk Evaluation Methodology 2016/17, and to submit any comments to [email protected]. Responses to this consultation will be presented to the Performance Assurance Board meeting on 23 April 2015.

View Within Period Revision to Risk Evaluation Register 2014/15

Within Period Revision to Risk Evaluation Register 2014/15

This consultation asks respondents to comment on the Within Period Revision to the Risk Evaluation Register 2014/15. We are proposing to increase the net significance of Settlement Risk 0081 ‘The risk that HHDCs do not process valid HH readings resulting in estimated data being entered into Settlement’. Please submit any comments to [email protected]. Responses to this consultation will be presented to the Performance Assurance Board meeting on 26 February 2015.

View Credit Assessment Price Consultation – December 2014

Credit Assessment Price Consultation – December 2014

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 reduction to the (CAP) to £49/MWh from the current value of £55/MWh. A change to CAP can impact the amount of Credit Cover required by a Trading Party.

View Risk Evaluation Register Within Period Revision Consultation

Risk Evaluation Register Within Period Revision Consultation

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 consultationWe 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

 

View Risk Operating Plan (ROP) 2015/16 Consultation

Risk Operating Plan (ROP) 2015/16 Consultation

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.

View Credit Assessment Price (CAP) Review Consultation

Credit Assessment Price (CAP) Review Consultation

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].

View Reducing Settlement timescales: PSRG consultation September 2014

Reducing Settlement timescales: PSRG consultation September 2014

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.

 

View MIDS Review Consultation

MIDS Review Consultation

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.

View Risk Evaluation Register 2015/16 for Industry Consultation

Risk Evaluation Register 2015/16 for Industry Consultation

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.

View Consultation for allocation of a new Grid Supply Point (GSP) to a GSP Group

Consultation for allocation of a new Grid Supply Point (GSP) to a GSP Group

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.

View Settlement of Dynamically Switched Meters: PSRG Consultation June 2014

Settlement of Dynamically Switched Meters: PSRG Consultation June 2014

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.

View Consultation for Allocation of a New Grid Supply Point to a GSP Group

Consultation for Allocation of a New Grid Supply Point to a GSP Group

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.

View Profiling & Settlement Review: Consultation April 2014

Profiling & Settlement Review: Consultation April 2014

This consultation is part of the Profiling and Settlement Review. It is part of a project to identify future options for reducing Settlement timescales in light of the smart metering roll-out.

View 2014 Review of GSP Group Correction Scaling Weights

2014 Review of GSP Group Correction Scaling Weights

We are consulting on revised GSP Group Correction Scaling Weights based on a revised methodology and approach to the volume errors that have been estimated in the Non Half hourly and Half Hourly markets.

View Risk Evaluation Methodology (REM) 2015/16 Industry Consultation

Risk Evaluation Methodology (REM) 2015/16 Industry Consultation

This consultation asks respondents to review the Risk Evaluation Methodology for 2015/16, and to submit any comments to [email protected]. Responses to this consultation will be presented to the Performance Assurance Board meeting on 24 April 2014.

View Consultation on EMR data flows

Consultation on EMR data flows

As part of the implementation of Electricity Market Reform (EMR), responsibility for settlement with generators, suppliers and capacity providers will lie with the Contracts for Difference (CfD) Counterparty and the Capacity Market (CM) Settlement Body.

They will deliver this function through Elexon. Elexon is therefore procuring an IT provider to build, host and operate the appropriate IT settlement systems that will calculate and invoice CM and CfD payments. These systems will be required to exchange electronic data flows with a variety of market participants and data providers.

This consultation sought views on the interfaces that will be used for the exchange of electronic data flows to and from the EMR settlement systems and a variety of market participants and data providers.

View Credit Assessment Price (CAP) Review Consultation

Credit Assessment Price (CAP) Review Consultation

This consultation seeks respondents’ views on decreasing the Credit Assessment Price (CAP) to £51/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 Oliver Xing on 020 7380 4276 or [email protected].

View Trading Operations Report Consultation

Trading Operations Report Consultation

Elexon is reviewing the Trading Operations Report to ensure that it continues to best meet customer requirements, and to improve its usability and relevance.

The attached slides set out our proposed changes.  We welcome any comments or views on these by email to [email protected].

If you have any questions, please contact Chris on 020 7380 4108.

View BMRS consultation

BMRS consultation

We invite you to respond to the attached consultation for delivering a modern Balancing Mechanism Reporting Service (BMRS). This consultation follows on from a recent BMRS survey and outlines the issues our end users are facing and the benefits that we believe would accrue from introducing a new low grade web platform. We are seeking your views on these matters and we will use the information you provide to shape a new BMRS platform and the approach to its delivery.

The deadline for responses is 5pm on Wednesday 15 January 2014. Please email your completed response to [email protected].

If you have any questions on this document, please contact Zaahir Ghanty on 020 7380 4362 or [email protected].

View Risk Operating Plan 2014/15 Consultation

Risk Operating Plan 2014/15 Consultation

This consultation asks respondents to review the Risk Operating Plan (ROP) 2014/15, and to submit any comments to [email protected]. Responses to this consultation will be presented to the Performance Assurance Board (PAB) meeting on 28 November 2013.

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

View Consultation on the Market Index Definition Statement (MIDS) Review

Consultation on the Market Index Definition Statement (MIDS) Review

The Market Index Definition Statement (MIDS) has been reviewed to ensure that the Market Index Data used to calculate the reverse price is providing a reasonable reflection of the price of wholesale electricity in the short term market.

The Imbalance Settlement Group (ISG) is seeking views from the industry on the suitability of the current Individual Liquidity Threshold, Timeband weightings and Product weightings as defined in the MIDS.

If you would like to respond, please complete the proforma and send it to [email protected] by Wednesday 11 September 2013. The ISG will consider all the consultation responses at its September meeting where a final recommendation will be made to the BSC Panel.

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