P329 – Changes to REMIT inside information reporting
Formal title: Changes to REMIT inside information reporting
Current Status
Summary
P329 proposes to align the BSC and Balancing Mechanism Reporting Service (BMRS) with the Regulation on Wholesale Energy Markets Integrity and Transparency (REMIT) common schemas for inside information web feeds, required by the Agency for the Cooperation of Energy Regulators (ACER).
To achieve this, the REMIT inside information data submitted by participants and reported by the BMRS will need to cover the output requirements of ACER. In addition to the ACER requirements, P329 would enable the submission of outage profile information to BMRS.
BSC Parties will be ultimately responsible for both accuracy and timeliness of their REMIT messages.
Progression
P329 was raised by National Grid on 25 November 2015. Elexon presented the P328 Initial Written Assessment to the Panel at its meeting on 10 December 2015. The P329 Workgroup issued its Assessment Procedure Consultation on 21 December 2015 with responses due by 5pm on 13 January 2016. Elexon presented the P329 Assessment Report to the Panel at its meeting on 11 February 2016. The Panel issued its Report Phase Consultation on 12 February, with responses due by 5pm 26 February 2016.
At its meeting on 10 March 2016, the Panel recommended that P329 Alternative should be approved and that P329 Proposed should be rejected. On 11 March 2016, the Final Modifications Report was issued to the Authority for decision.
On the 19 April 2016, the Authority approved the P329 Alternative and rejected the P329 Proposed.
P329 was implemented on 29 June 2017