P310: Revised Credit Cover for Exporting Supplier BM Units P310 proposes to use the Balancing Mechanism Credit Assessment Export Capability (BMCAEC) value instead of the Balancing Mechanism Credit Assessment Import Capability (BMCAIC) value with regards to the Credit Assessment Energy Indebtedness calculations when a Supplier Volume Allocation Balancing Mechanism Unit contains embedded generation and no consumption....

P309: Facility to enable BSC Parties to select either replacement contract notifications or additional contract notifications P309 proposes to give BSC Parties the ability to specify that either replacement contract notifications or additional contract notifications are associated with an Energy Contract Volume Notification Agent Authorisation in order to mitigate the risk that replacement notifications might...

P305: Electricity Balancing Significant Code Review Developments P305 has been raised to progress the outcomes of the Electricity Balancing Significant Code Review (EBSCR), and proposes to implement the EBSCR conclusions ahead of Winter 2015/16, which include:

• Further reductions in the PAR value following P304 (50MWh from Winter...

Due to a high volume of attendees, registration for this event has now closed, but if you would like to be put on a waiting list, please email us at [email protected] and we we will let you know if we receive any cancellations. Our next seminar is on Wednesday 26 November 2014. Unfortunately this...

Taking place on Wednesday 18 February at Elexon’s offices, the seminar will be useful to you if you are a newcomer to the industry, have recently entered the market, or are in the process of doing so, or have changed roles within the energy sector. The seminar provides a useful overview of the balancing mechanism and imbalance settlement...

Reduction in PAR from 500MWh to 350MWh P314 proposes a reduction in the Price Average Reference (PAR) value from 500MWh to 350MWh, with the PAR value reverting back to 500MWh on 5 November 2015 Please contact the Lead Analyst, Talia Addy for further details.

Are you ready for P283? Here is your chance to better understand the new commissioning arrangements. Background BSC Modification P283: Reinforcing the Commissioning of Metering Equipment processes will be implemented on Thursday 6 November 2014, and will introduce changes to the BSC and Metering Code of Practice (CoP) 4 intended to strengthen Metering Equipment commissioning processes....

P305 has been raised to progress the outcomes of the Electricity Balancing Significant Code Review (EBSCR), and proposes to implement the EBSCR conclusions ahead of Winter 2015/16, which include:

• Further reductions in the PAR value following P304 (50MWh from Winter 2015/16, then 1MWh from Winter 2018/19);
• A single imbalance price, calculated using the main...