P376 ‘Utilising a Baselining Methodology to set Physical Notifications’
Formal title: Utilising a Baselining Methodology to set Physical Notifications for Settlement of Applicable Balancing Services
P376 proposes to allow the Final Physical Notification which feeds into the Settlement of Trading Charges to be created via a Baselining Methodology. The new Physical Notification will be de-coupled from the Physical Notification used by National Electricity Transmission System Operator (NETSO) for dispatch. This change will allow Balancing Service Providers to be fully recompensed for their actual change from normal usage and the impact this change has on the system, thus enabling greater participation.
The second Workgroup was held in conjunction with P375 on 18 March 2019.
The Initial Written Assessment was presented to the Panel on 13 December 2018.
P376 was raised by Enel Trade S. P. A. on 11 December 2018.
Following discussion at the second Workgroup, ELEXON wil draft straw man proposals which will be circulated to the Workgroup for discussion at the next meeting.