P344 IWG 5: Performance Assurance Framework
This industry working group is developing the processes and the associated Code Subsidiary Documents (CSDs) changes required to ensure that the Performance Assurance Framework is updated to reflect the P344 ‘Project TERRE’ solution.
ELEXON held a meeting with industry representatives on 23 August 2018. P344 Performance Assurance changes will now be incorporated into wider BSC Performance Assurance changes
Background to P344 ‘Project TERRE’
P344 ‘Project TERRE’ seeks to align the Balancing and Settlement Code with the European Balancing Project TERRE (Trans European Replacement Reserves Exchange) requirements. This will allow the implementation of the TERRE balancing product at national level and ensure compliance with the European Electricity Balancing Guideline (EBGL).
The BSC Panel has recommended to the Authority (at its 14 June 2018 meeting) that it approve the P344 Alternative Modification (mandatory sharing of Half Hourly (HH) delivered volumes with the customer’s Supplier) and reject the Proposed Modification (customer consent required for sharing HH delivered volumes with the customer’s Supplier).
The Authority approved the Proposed Modification for implementation on 28 February 2019 (February 2019 BSC Release).
ELEXON’s technical solutions
- Foundation programme
About other IWGs
This IWG is part of a collection of groups that will focus on the implementation of Project TERRE and its impact on the UK electricity industry.