List of homepage news articles
This page lists all of the news articles we have produced over the last year. Any news articles older than 1 year are removed from the website as they will have concluded their designated lifecycle. Please contact us if you are looking for specific information on any subjects we have covered.
CAP consultation issued on 20 September on further record level of £184/MWh
We are consulting on an increase of the CAP to £184/MWh from the last notified value of £137/MWh.
BSC Panel response to the consultation by the Government and Ofgem on energy code reforms
The BSC Panel has published a formal response to the Ofgem and the Department for Business, Energy & Industrial Strategy (BEIS) joint consultation which seeks views on a range of proposed reforms of energy codes.
System Prices spike on 7 and 9 September 2021
On Tuesday 7 September, System Prices peaked at £3,403.70/MWh and remained above £2,900/MWh for an hour and a half. Wholesale gas and electricity balancing volumes prices have been increasing this summer due to colder summer weather, low wind generation and reported shortages of gas.
Consultation on the Market Index Definition Statement (MIDS) Review 2021
We are seeking your views on the annual Market Index Definition Statement (MIDS) review. If you represent BSC Parties or any other party in connection with the MIDS please respond to this online consultation.
CAP consultation issued on 6 September on record level of £137/MWh
We are consulting on an increase of the CAP to £137/MWh from the last notified value of £113/MWh.
Updated TAA COVID-19 working practices for site audits
As of 19th July 2021, the government no longer instructs people to work from home. Therefore, with authorisation from our customers we plan to restart on site audits. The Technical Assurance Agent (TAA), currently C&C Group Holdings Ltd, have updated our procedure and practices and these must be followed by all staff when working off site in order to minimise risk to themselves and others.
P350 Draft reference Network Mapping Statement consultation
This consultation seeks views on the draft reference Network Mapping Statement for use in the allocation of Transmission Loss Factors (TLFs) for BSC Year 2022-2023.
CALF values winter season: November 2021 appeal deadline
If you are the Lead Party of a non-Credit Qualifying Balancing Mechanism Unit (BMU), you can appeal an assigned CALF value if you believe it does not accurately represent your expected activity.
Changes to BSC Parties and Qualified Persons: August 2021
This page lists changes to the status of Balancing and Settlement (BSC) Parties and Qualified Persons in August. It includes information on any new qualifications and registrations, new market participants, withdrawals and defaults.
Credit Assessment Price to increase on 8 September 2021
Following consultation, the Credit Assessment Price (CAP) will increase from £96/MWh to £113/MWh, effective from Wednesday 8 September 2021.