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 1-20 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.

View Consultation: Credit Assessment Price decrease to £177/MWh from 17 May 2022

Consultation: Credit Assessment Price decrease to £177/MWh from 17 May 2022

This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £177/MWh from the current CAP value of £215/MWh. This two-day consultation will close at 17:00 on 28 April 2022.


Outcome

On Tuesday 17 May 2022, the CAP value will decrease to £177/MWh from the current CAP of £215/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 EL03573

View Second BSC Sandbox trial to increase opportunities for flexibility services will launch in September

Second BSC Sandbox trial to increase opportunities for flexibility services will launch in September

Centrica is due to begin a trial this September where controllable storage heaters will provide demand-side response (DSR) when needed, by dialling down their demand. 

It is the second trial which has been approved by Ofgem to use Elexon’s Balancing and Settlement Code (BSC) Sandbox. The Sandbox allows innovators to trial concepts in a live market environment without having to meet all the usual BSC rules.

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View Ofgem confirms Elexon will operate key IT data platform to support MHHS

Ofgem confirms Elexon will operate key IT data platform to support MHHS

Yesterday (21 April) Ofgem confirmed that the Balancing and Settlement Code will be used to govern and fund the new Data Integration Platform (DIP) to support Market-wide Half Hourly Settlement (MHHS). This means that Elexon will manage the DIP service provider, which is currently being procured through the MHHS Programme.

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View Simon McCalla talks about his new role as Elexon’s Chief Executive

Simon McCalla talks about his new role as Elexon’s Chief Executive

Source: Elexon corporate website

I am Simon McCalla and I started as Elexon’s new Chief Executive at the start of April 2022. I’m excited to be joining Elexon and the energy industry at what is both a challenging and critical period.

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View New system to track electricity by the hour launched

New system to track electricity by the hour launched

Source: Elexon Corporate website

A consortium of leading energy organisations led by hourly certificate focused start-up Granular and including European power market Nord Pool, Elexon, Energy Systems Catapult and Unicorn, is launching a new mechanism for hourly renewable energy certificates in Great Britain.

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View Consultation for Allocation of a new Grid Supply Point at Axminster

Consultation for Allocation of a new Grid Supply Point at Axminster

ELEXON has received a new GSP registration application from the National Electricity Transmission System Operator (NETSO) relating to two new circuits at Axminster. BSC Parties are invited to respond to this consultation using the proforma available.

View Elexon views about decisions on the Future System Operator role and the codes review

Elexon views about decisions on the Future System Operator role and the codes review

Today the Department for Energy Department for Business, Energy and Industrial Strategy (BEIS) and Ofgem jointly responded to the consultations they published in July 2021 on a Future System Operator (FSO), and reforming the energy codes.  National Grid ESO will move away from National Grid plc and become an independent, publicly owned FSO.

As part of that process there will also be a consultation on the ownership of Elexon, which is currently owned by National Grid ESO. 

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View Risk Operating Plan 2022/23 consultation

Risk Operating Plan 2022/23 consultation

We invite you to comment on the Risk Operating Plan (ROP) for 2022/23. The ROP provides an overview of planned activities undertaken by the Performance Assurance Administrator (PAA) as part of the Performance Assurance annual cycle.

View P432 Assessment Procedure Consultation

P432 Assessment Procedure Consultation

This Modification proposes to align the BSC definition of an Advanced Meter with that in the Standard License Conditions (SLC) and to set explicit Half Hourly (HH) Settlement obligations for Current Transformer (CT) Advanced Meters ahead of the migration to Market-wide Half-Hourly Settlement (MHHS). 

View Consultation on CAP change to £235/MWh from 20 April 2022

Consultation on CAP change to £235/MWh from 20 April 2022

This page gives details of a consultation on revising the Credit Assessment Price (CAP) to £235/MWh. This two-day consultation will close at 17:00 on 31 March 2022. Please note the previously notified CAP value of £250/MWh is confirmed to go live on 1 April 2022. The last notified CAP value is £215 which is due to go live on 8 April provided it is not withdrawn by the Credit Committee before implementation.


Outcome

The Credit Committee has decided to withdraw the last notified CAP of £235/MWh before implementation on 21 April 2022. This means the current CAP value of £215/MWh remains valid until the Credit Committee sets the next CAP value and its implementation date.

The Credit Committee has been monitoring the market very closely and has decided that the CAP value of £235/MWh would no longer be reflective of market data for implementation from 21 April.

  • Elexon Circular EL03562
  • Elexon Circular EL03566

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