Webinar on Elexon 2022/23 business plan
We are hosting a webinar about our 2022/23 business plan this Friday (14 January) from 15:30 to 16:30, where our executive team will present, and explain our budget for 2022/23. This will be followed by a question and answer session.
Register for this event
About the 2022/23 business plan
Our 2022/23 business plan sets out our work priorities for the coming year. Our overarching focus is on ‘delivering the day job’ by continuing to manage Settlement to our historic high standards. We will also continue to adapt the BSC so that it can support progress to Net Zero.
Increase in our total budget
Our total proposed budget for 2022/23 is £98.2m compared with £83.7m in 2021/22. More than one third of the total budget for 2022/23 will be spent on supporting Market-wide Half Hourly Settlement (MHHS) through the delivery of the MHHS Programme Manager role, and the Helix Programme.
Our other priorities for 2022/23 include continuing delivery of our new cloud platform Elexon Kinnect, and working to implement major Modifications to support Net Zero.
The Helix Programme
The Helix Programme will re-develop BSC Central Systems to support MHHS, and re-engineer the accompanying processes and procedures, which will unlock the benefits of MHHS for Suppliers.
This re-development is essential so that Central Systems can manage an exponential increase in the amount of half hourly data we will need to process once MHHS is implemented in October 2025. It will also introduce the new MHHS functionality, such as reducing Settlement close out to four months.
The Helix Programme is separate from the ring-fenced MHHS Programme Manager role.
Our budget for regular BSC activity
We do appreciate the challenging conditions that our customers are facing. Therefore in preparing the plan, we have worked to ensure that all the activities that we are committing to are essential.
We have also considered how we could be ever-more efficient and agile in our delivery of our work. As a result, our budget for ‘regular business-as-usual activity’ (including operational costs) will decrease by £6.6m (nearly 10%) to £62.5m in 2022/23.
Responding to the business plan
We would like to hear your feedback.
Please send any views or comments to [email protected] by close of play on 31 January 2022.