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.
Introduction to Elexon and the Energy Market: February 2025
This event is now fully booked. To sign up for the waitlist, please email [email protected] with the following:
- Your full name
- Your organisation
- Your job title
- Your work email address
- Any dietary requirements
This seminar is an all-day event that provides a useful introduction to Elexon and the different roles we perform across GB energy markets. You’ll hear presentations from a range of Elexon colleagues, as well as from a guest presenter from National Energy System Operator (NESO), and be given the opportunity to ask questions and network with other industry professionals.
CALF values Spring 2025 BSC Season: appeal deadline 1 February 2025
The Credit Assessment Load Factor (CALF) values for the Spring 2025 BSC Season, which runs from 1 March 2025 to 31 May 2025, are available from the Credit/Credit Alerting section under the Financial and Credit menu on the Elexon Portal.
If you are the Lead Party of a non-Credit Qualifying BMU, you can appeal an assigned CALF value if you believe it does not accurately represent your expected activity.
MHHS: Ofgem approval of Change Request 055 to allow for robust testing time
Source: Elexon Corporate WebsiteMarket Facilitator governance workshop 1 on 27 November 2024
Source: Elexon corporate websiteElexon would like to invite interested parties to help us develop the enduring arrangements for the market facilitator role, through a series of six to seven workshops taking place between end 2024 and March 2025.
Consultation: increasing CAP to £120/MWh from 12 December 2024
This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £120/MWh from 12 December 2024. This two-day consultation will close at 17:00 on 27 November 2024.
CP1592 Implementation Phase Consultation to Upgrade of NHHDA and EAC/AA systems
The current versions of NHHDA (Non Half Hourly Data Aggregation) and EAC/AA (Estimation of Annual Consumption/Annualised Advance) system applications that Elexon provides to Party Agents run on Oracle 12c, for which Oracle Corporation withdrew application support in 2022.
This CP proposes to upgrade EAC/AA and NHHDA to the latest available version of Oracle 19.21. Where possible, it leverages cost savings by aligning with Elexon’s planned update to other BSC central systems
Market Index Definition Statement Review 2024
The Market Index Definition Statement (MIDS) is annually reviewed by the BSCCo on behalf of the BSC Panel, to ensure that the Market Index Price is providing a reasonable reflection of the price of wholesale electricity in the short term market.
Elexon implements landmark rule change for growth in flexibility & progress to Net Zero
Source: Elexon corporate websiteFrom today (7 November) independent aggregators of electricity flexibility can start the process to register to participate in the wholesale electricity market, resulting from a rule change made by Elexon.
Request for Information – MHHS changes to Guidance Notes and Simple Guides
We invited industry feedback on Elexon’s approach to updating the Guidance Notes and Simple Guides.
Submission of Generation and Demand Capacity (GC/DC) for the Winter 2024 BSC Season
The Winter BSC Season begins on 1 December and if you are using the Elexon Kinnect Customer Solution, the deadline for submitting your GC and DC values for the Season is 14 November 2024.
P480 Report Phase Consultation Publication of regional demand forecast data to fulfil ESRS Reporting requirements
P480 seeks to facilitate the Electricity System Restoration Standard (ESRS) requirements to publish the day-ahead peak demand forecast for each restoration region and the demand restored in each restoration region published hourly during a System Restoration on BMRS (Elexon’s Insights Solution Platform). P480 is a consequential Modification to GC0156 ‘Facilitating the Implementation of the Electricity System Restoration Standard’.
This Proposed Solution is to make changes to BSC system and BSC Section Q ‘Balancing Mechanism Activities’ and Code Subsidiary Documents to implement these provisions outlined in GC0156.
Engagement plan for MHHS impacts on Performance Assurance Framework (PAF)
The Market-wide Half Hourly Settlement (MHHS) Performance Assurance Framework (PAF) engagement plan supports Elexon’s objectives during the PAF changes due to MHHS. It outlines Elexon’s approach, detailing the audience, purpose, key messages, timing, and engagement methods for key PAF deliverables.
The plan includes key dates for industry stakeholders, related to Settlement Risk resources and changes to Performance Assurance Techniques for the 2025-2026 Performance Assurance Operating Period (PAOP).
Urgent Modification Consultation for P482: Enable flexible splitting of BSC Agent services and establishing contracts for MHHS Delivery
To support the transition to Market-Wide Half-Hourly Settlement (MHHS), Elexon must sign BSC Agent contracts for the operation of new services. This Modification seeks to allow more flexibility in the requirements for procurement of BSC Agents for the SVAA services at MHHS go-live. It will provide the option of having these new MHHS systems operated by the service providers who developed them, while the currently appointed Supplier Volume Allocation Agent (SVAA) continues to operate legacy processes
Volume Notification on ‘Long’ Clock Change Day: Sunday 27 October 2024
UK time changes on Sunday 27 October 2024 from British Summer Time (BST) to Greenwich Mean Time (GMT)/ Coordinated Universal Time (UTC) at 02:00 (BST). This will result in a ‘long’ day as the clocks go back an hour.
P478 Authority Led SCR Consultation relating to the Implementation of MHHS Arrangements
This Modification proposes changes to the BSC to enable the Market-Wide Half-Hourly Settlement (MHHS) arrangements.
P472 Report Phase Consultation on Amendment to provisions for Parties to bring claims against BSC Agents in BSC Section E
P472 seeks to amend BSC Section E ‘BSC Agents’ to allow Elexon to remove the requirement for Parties to be able to bring claims against BSC Agents where Elexon believes there would be value in doing so and only where the Panel agrees.
P481 Report Phase Consultation Enabling Elexon to be the Market Facilitator Delivery Body
P481 seeks to extend Elexon’s vires to take up the role of Market Facilitator Delivery Body, to implement Ofgem’s decision published on 29 July 2024.
P481 was raised by Association of Decentralised Energy (ADE) on 12 September 2024 after BSC Panel Designated ADE to raise this Modification.
P475 Implementation Consultation on BM Units production / consumption flags
The purpose of this implementation consultation is to seek feedback from industry participants on the proposal to bring forward the Implementation Date of P475. By gathering views on the revised timeline, the consultation allows stakeholders to assess and respond to the impact of an earlier delivery of the Modification.
Elexon has identified an opportunity to adjust the timeline, allowing for the earlier delivery of the Modification’s benefits. This feedback will help the BSC Panel make an informed recommendation to the Authority regarding the updated implementation date, ensuring that both market and participant needs are considered.
Consultation: increasing CAP to £95 from 25 October 2024
This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £95 from 25 October 2024. This three-day consultation will close at 17:00 on 10 October 2024.
Profile Administration Service to be decommissioned ahead of MHHS implementation
Elexon collects load profile data to represent the electricity consumption patterns of typical customers across profile classes 1 to 4, which include households and some businesses.