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 217)

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View Latest Elexon Board circular to BSC Parties

Latest Elexon Board circular to BSC Parties

Source: Elexon corporate website

In this latest Elexon Board circular, the Board Chair provides a progress update on the industry’s Market-wide Half Hourly Settlement (MHHS) programme and our digitalisation programme. It also includes a reflection on the ownership of Elexon, and the Board’s view on current issues impacting the market.

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View BSC Sandbox Consultation: S2022-03 Good Energy

BSC Sandbox Consultation: S2022-03 Good Energy

This is a public industry consultation for BSC Parties and interested Third Parties. We are seeking views on the impacts on Parties relating to the implementation of a BSC Sandbox Application for Good Energy.

Good Energy have raised a BSC Sandbox request for a derogation against the BSC provisions preventing them from appointing different Supplier Agents for Import / Export Metering Systems where Data Communications Company (DCC) enabled Smart Meters are installed. This will allow them to remove a barrier preventing the use of Export Metering System IDs (MSIDs) for small-scale micro generation.

View Consultation on CAP increase to £395/MWh from 31 August 2022

Consultation on CAP increase to £395/MWh from 31 August 2022

This page gives details of a consultation on revising the Credit Assessment Price (CAP) to £395/MWh from 31 August 2022. This two-day consultation will close at 10:00 on 16 August 2022.


Outcome

On Wednesday 31 August, the CAP value will increase to £415/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 EL03650

View Elexon welcomes Sara Vaughan as its new Board and BSC Panel Chair

Elexon welcomes Sara Vaughan as its new Board and BSC Panel Chair

Source: Elexon corporate website

Following a formal external recruitment process involving both the Elexon Board and the BSC Panel, Sara Vaughan has been appointed as the new Elexon Board and BSC Panel Chair. Sara will be succeeding Michael Gibbons who has been the Chair for the last nine years.

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View BSC Insight: The Insights solution puts data on the wholesale market at your fingertips

BSC Insight: The Insights solution puts data on the wholesale market at your fingertips

In this BSC Insight article by Reza Nia, Head of Analysis & Insight,  explains why Elexon developed a new data service (the Insights Solution) and the benefits of it to BSC Parties and other stakeholders. All of the Insights Solution data is available to download for free. 

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View Suppliers to register MSID Pairs for Additional Primary BM Units providing Balancing Services

Suppliers to register MSID Pairs for Additional Primary BM Units providing Balancing Services

If you are a Supplier that has Additional BM Units with the Final Physical Notification (FPN) Flag set to Yes, then you will need to register any existing or future MSID Pairs.

Suppliers that need to register their MSID Pairs must send the MSID Pair allocation (P0278) to the SVAA by the deadline of 6 October 2022.

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View Elexon approves first request for open data

Elexon approves first request for open data

From today anybody regardless of whether they work in the electricity sector or not can get access to the same level of data that is used for most of Elexon’s reporting on electricity Settlement.

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View Consultation on CAP increase to £390/MWh from 24 August 2022

Consultation on CAP increase to £390/MWh from 24 August 2022

This page gives details of a consultation on revising the Credit Assessment Price (CAP) to £390/MWh from 24 August 2022. This two-day consultation will close at 17:00 on 9 August 2022.


Outcome

On Wednesday 24 August 2022, the CAP value will increase to £390/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 EL03648

View Updated Risk documentation is now available

Updated Risk documentation is now available

We have published updated versions of the 2022/23 Risk Evaluation Register (RER) and the Risk Operating Plan (ROP) following a review completed in July 2022.

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View Grid Supply Point Group meter system inspections in Northern Scotland

Grid Supply Point Group meter system inspections in Northern Scotland

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View Voting begins in the 2022 BSC Panel member elections

Voting begins in the 2022 BSC Panel member elections

From today voting is open for the 2022 BSC Panel elections. You can vote until close of play on 26 August. Below are the six candidates that could be elected (or re-elected) to serve on the Panel.

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View Consultation on CAP increase to £330/MWh from 17 August 2022

Consultation on CAP increase to £330/MWh from 17 August 2022

This page gives details of a consultation on revising the Credit Assessment Price (CAP) to £330/MWh from 17 August 2022. This two-day consultation will close at 17:00 on 2 August 2022.


Outcome

On Wednesday 17 August 2022, the CAP value will increase to £330/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 EL03644

View Consultation: Credit Assessment Price increase to £300/MWh from 9 August 2022

Consultation: Credit Assessment Price increase to £300/MWh from 9 August 2022

This page gives details of a consultation on revising the Credit Assessment Price (CAP) to £300/MWh from 9 August 2022. This two-day consultation will close at 17:00 on 25 July 2022.


Outcome

On Tuesday 9 August 2022, the CAP value will increase to £300/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 EL03635

View Annual BSC seminar and meeting: what did you miss?

Annual BSC seminar and meeting: what did you miss?

Source: Elexon corporate website

On Thursday 14 July, Elexon hosted its annual meeting and seminar. For the first time since 2019, the meeting was held in our office although Stakeholders were also able to join online.

Thursday’s meeting was the first BSC seminar for Elexon’s new Chief Executive Simon McCalla. It was also the last seminar for Michael Gibbons, Chair of the Elexon’s Board and the BSC Panel.

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View Elexon Board Directors election or re-election results 2022

Elexon Board Directors election or re-election results 2022

Source: Elexon corporate website

In keeping with best practice for corporate governance and accountability, all Elexon Board Directors were subject to election or re-election via a vote at Elexon’s Annual BSC Seminar held on 14 July 2022.

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View New BSC Code of Practice (CoP11) sets standards for accuracy of Asset Metering Systems

New BSC Code of Practice (CoP11) sets standards for accuracy of Asset Metering Systems

A new ‘Code of Practice (CoP11) for the Metering of Balancing Services Assets for Settlement Purposes’ has been introduced, defining the minimum BSC requirements for Asset Metering Systems.

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View Consultation: Credit Assessment Price increase to £270/MWh from 26 July 2022

Consultation: Credit Assessment Price increase to £270/MWh from 26 July 2022

This page gives details of a consultation on revising the Credit Assessment Price (CAP) to £270/MWh from 26 July 2022. This two-day consultation will close at 17:00 on 8 July 2022.


Outcome

On Tuesday 26 July 2022, the CAP value will increase to £270/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 EL03626

View Have your say: Changing the PAB Settlement performance management approach

Have your say: Changing the PAB Settlement performance management approach

Elexon has recently obtained feedback from Suppliers that the current Settlement monitoring approach may act as a disincentive for Suppliers to move sites to elective Half Hourly (HH) Settlement in preparation for Market-wide Half Hourly Settlement (MHHS). This is because moving ‘good’ performing sites to HH Settlement may reduce the performance of their remaining Non Half Hourly portfolio.

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View Elexon’s 2021/22 Annual Report & Financial Statements published

Elexon’s 2021/22 Annual Report & Financial Statements published

Source: Elexon Corporate Website

The reports explain our performance against our strategic objectives and our actual spending over the year, compared with our budget. Read highlights or download the full report.

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View Help shape our Settlement & Invoicing services

Help shape our Settlement & Invoicing services

We are looking to engage with interested parties through our Settlement and Invoicing Solution User Group. Participating in the User Group will enable you to help shape the future design of the solution on our new digital platform, Elexon Kinnect.

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