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.

(Showing items 1-10 of 191)

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View Gearing up for go-live of faster switching reforms

Gearing up for go-live of faster switching reforms

Elexon is helping the industry to get set for the go-live of the Central Switching Service (CSS) this summer as part of Ofgem’s Switching Programme.

The CSS, which will be governed by version 3.0 of the Retail Energy Code (REC), will provide a single, dual fuel switching process for gas and electricity. The aim is to make switching faster and more reliable.

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View All Trading Parties to review the Trading Party Groups Register by 20 June 2022

All Trading Parties to review the Trading Party Groups Register by 20 June 2022

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View Ending the ‘Coronavirus Disapplication Period’ for Supplier Charges

Ending the ‘Coronavirus Disapplication Period’ for Supplier Charges

On 12 May, we issued BSC Circular EL03581, which gave notice to BSC Parties that the ‘Coronavirus Disapplication Period’ for Supplier Charges will be ending. This means that, from September 2022, Supplier Charges for SP08 will be reapplied from the September Performance Assurance Reporting and Monitoring System (PARMS) Reporting Period.

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View How we’re helping to spot GSP metering errors sooner

How we’re helping to spot GSP metering errors sooner

In the past eight years, we have identified five Grid Supply Point (GSP) Metering errors, equal to around 1.4% of the total number of GSP Meters. These errors have caused energy to be recorded incorrectly. As any unaccounted energy is allocated to BSC Parties through GSP Group Correction and Transmission Losses, such metering errors can present a large impact on the allocation of energy and therefore the accuracy of Trading Charges to BSC Parties.

We are publishing a beta version of our GSP change-point detection model to gather feedback from participants and help us identify other areas where central analytics and reporting could support industry in mitigating risks to Settlement.

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View Update on investigations into Settlement errors at two GSP groups

Update on investigations into Settlement errors at two GSP groups

Elexon has been investigating errors in Settlement related to two Grid Supply Point (GSP) Groups: South Eastern GSP Group (Group _J); and London GSP Group (Group _C). This follows our continued monitoring of the Annual Demand Ratio (ADR).

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View Consultation: Credit Assessment Price change to £190/MWh from 1 June 2022

Consultation: Credit Assessment Price change to £190/MWh from 1 June 2022

This page gives details of a consultation on revising the Credit Assessment Price (CAP) to £190/MWh from 1 June 2022. This two-day consultation will close at 17:00 on 17 May 2022.


Outcome

On Wednesday 1 June 2022, the CAP value will increase to £190/MWh from the current CAP of £177/MWh. As a result, Parties may notice a change in their Credit Cover Percentage and should review the amount of Credit Cover lodged.

  • Elexon Circular EL03586

View Ofgem confirms Elexon as the Capacity Market Advisory Group secretariat

Ofgem confirms Elexon as the Capacity Market Advisory Group secretariat

We are delighted that today, 9 May, Ofgem confirmed its decision to appoint Elexon as the independent Capacity Market Advisory Group (CMAG) secretariat, subject to a BSC Modification being raised and approved to enable us to do the work.

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View Elexon to partner with Icebreaker One to provide Net Zero data

Elexon to partner with Icebreaker One to provide Net Zero data

Elexon will be joining forces with industry not-for-profit Icebreaker One as part of their government-supported Open Energy programme, which seeks to revolutionise the way data is shared across the energy sector to make sure the UK achieves its Net Zero goals. 

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View Do you need support to prepare for Asset Metering (Modification P375)?

Do you need support to prepare for Asset Metering (Modification P375)?

On 30 June 2022, Elexon will implement Modification P375 ‘Settlement of Secondary BM Units using metering behind the site Boundary Point‘.  This is a major change to the Wholesale Electricity Trading Arrangements, which supports Net Zero by creating more opportunities for smaller asset owners to provide balancing services.  

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View Metering Dispensation consultation on remaining Class 2 Meters and Class 0.5 CT

Metering Dispensation consultation on remaining Class 2 Meters and Class 0.5 CT

We are seeking views from BSC Parties on whether they support the proposed Metering Dispensation (D/544). This Metering Dispensation is giving the affected parties’ time to use up old existing stocks of Class 2 Meters and Class 0.5 CT’s.

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