Imbalance Settlement Group (ISG)

Remote Meetings

Events relating to the Coronavirus (COVID-19) are changing on a daily basis. We took an early decision to base all of our staff at home as a means of continuing our service uninterrupted, and to help in efforts to stop the spread of the virus. Consequently, for the time being, we will no longer be hosting meetings at our London office, though we will continue to provide our services as normal.

Please read through our guidance with respect to forthcoming meetings which will be hosted remotely for the foreseeable future. Your meeting host will be in contact with you to ensure all necessary arrangements are in place to hold meetings virtually.

Clearly the specific advice we are referencing here may change so we ask all committee members and stakeholders to ensure they keep up to date on advice from the Government and we will also update our procedures, and notify you, as appropriate.

For further information please visit the Public Health England website.

The ISG is responsible for overseeing the operation of the Imbalance Settlement processes and systems in the Central Volume Allocation (CVA) Market.

Join the committee

Three vacancies have become available for the ISG. If you are interested please complete the application form on our website, setting out your relevant experience/expertise for the Committee(s) you are interested in. 

• Application form to volunteer for a committee

2020 Meeting dates

The ISG publishes the proposed agenda approximately 5 working days ahead of each meeting. A full collection of documents are circulated on Paper Day.

Attending ISG Meetings

Please contact the ISG secretary if you want to attend the open session of any ISG meeting.

ISG processes and systems

The processes are associated with the operation of the Central Services Agents:

• Balancing Mechanism Reporting Agent (BMRA),
• Central Data Collection Agent (CDCA),
• Central Registration Agent,
• Energy Contract Volume Aggregation Agent (ECVAA),
• Settlement Administration Agent (SAA),
• Funds Administration Agent (FAA)
• Interconnector Administrator.

Roles and responsibilities

The roles and responsibilities of the ISG are in the Terms of Reference