P399 – BSAD Identity Visibility

Formal title: Making the identity of Balancing Service providers visible in the Balancing Services Adjustment Data

Current Status

Submission
Initial Written Assessment
Assessment Procedure
Report Phase
With Authority
Awaiting Implementation
Implemented

Summary

P399 seeks to include a new identifier field in the Balancing Services Adjustment Data (BSAD).

Currently, each Balancing Adjustment Action taken outside the Balancing Mechanism is reported with a unique sequential number. The Proposer contends that this does not identify the counterparty to the bilateral trade and creates an information advantage to those counterparties, reducing transparency in the operation of the system creating a barrier to effective competition.

Progression

This Modification was raised on Tuesday 24 December 2019 and the Initial Written Assessment was presented to the Panel on 16 January 2020.

Next Events

The first Workgroup is scheduled to take place on Monday 27 January 2020. Please email bsc.change@elexon.co.uk if you wish to be added to the P399 mailing list, or wish to be a member of the Workgroup, indicating your availability.

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