List of homepage news articles

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.

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.

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.

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).

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.

A new release of TAAMT will go live on 23 September 2024, bringing a range of improvements to the usability and functionality of the service.

Today (12 September) the BSC Panel initially agreed that a Modification to amend Elexon’s vires so that it can take on the market facilitator delivery body role should be approved.

The Credit Assessment Load Factor (CALF) values for the winter 2024 BSC Season, which runs from 1 December 2024 to 28 February 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.

We are looking for new members to join our the Capacity Market Advisory Group (CMAG) which plays a role in developing, analysing, prioritising and making recommendations to Ofgem for changes to the Capacity Market Rules.

CMAG members include impartial experts on the Capacity Market and other stakeholders.

How to apply

• Please complete the CM Experience Survey by 17:00 on Monday 12 August 2024.
• You also need to send in your CV to [email protected] explaining that you are applying to become a member.

Find out more about the CMAG

• Visit the CMAG website
• See information about current CMAG members

As part of our ongoing development of the Digital Code we have introduced some more enhancements that we hope will improved your experience of the service. Here’s what we’ve been working on for August.

The MHHS Programme and Code Bodies have published documents for consultation. The deadline for all documents listed below is 17:00 on Friday 19 July.

Between 27 January 2023 and 24 September 2023, the Supplier Volume Allocation Agent (SVAA) issued incorrect Daily Profile Coefficients (DPCs) to Non Half Hourly Data Collectors (NHHDCs) on 85 Settlement Days.

Estimates of Annual Consumption (EAC) and Annualised Advances (AAs) calculated by NHHDCs using these inaccurate Coefficients were incorrectly apportioning the volume to each Settlement Period.

Elexon is always working towards improvements to the customer experience of our services and the Digital Code is a key part of what customers can access. We have been working on new functionality which we think will really help our customers when they are using this site. 

Elexon will switch off the legacy Balancing Mechanism Reporting Service (BMRS) on 31 May (2024) at 11:59pm, as we have replaced it with the Insights Solution, our new wholesale market data platform.

As part of the development of Elexon’s new wholesale market data service, the Insights Solution, we did not migrate some data flows from the legacy Balancing Mechanism Reporting Service (BMRS) to the new platform.

Elexon is developing the capabilities of the Digital Code, and we need your help to shape what it looks like in the future.

Elexon can confirm that all Balancing Mechanism Reporting Service (BMRS) endpoints will be switched off on 31 May 2024 as they have been replaced by the Insights Solution.

Elexon, the Balancing and Settlement Code (BSC) Manager, has implemented a change to the BSC so that smaller, distribution-connected generators that are not BSC Parties are treated the same as larger generators for payments under the BSC if system restoration services are needed.

Elexon and the Retail Energy Code (REC) are submitting three Market-wide Half Hourly Settlement (MHHS) Qualification Documents to their respective Performance Assurance Boards (PAB) for approval. The documents will go to the REC PAB on Tuesday 26 March, and the BSC PAB on Thursday 28 March.

CP1589 ‘Change the number of characters used to specify Market Participant Role Codes in the Market Domain Data’ will now go for decision following the Market-wide Half-Hourly Settlement (MHHS) decision for Change Request (CR) CR041 ‘Change the format of Market Participant Role Code from Char(1) to Char(2)’.

CR041 was issued for impact assessment on 10 January 2024 and will close on 24 January 2024.

Elexon has identified an error in Settlement volumes attributed to a windfarm located in GSP Group _G.

Elexon has completed the migration of all Balancing Mechanism Reporting Service (BMRS) datasets and functionalities that were in scope to be built onto the Insights Solution platform.

Elexon is working to smooth the path to Market-wide Half Hourly Settlement (MHHS) implementation by supporting Parties that need to migrate more than 30,000 Non-Half Hourly unmetered supplies metering systems to MHHS.

The Spring BSC Season begins on 1 March 2024. The deadline for submitting your GC and DC values for the Season is 15 February 2024.

Even if the values are identical to the last BSC Season you need to submit values for the new Season.

The pre-qualification submission window for Market-wide Half Hourly Settlement (MHHS) participation has been opened today (5 February) and final submissions must be provided by 26 April 2024.  

Non-System Integration Testing (SIT) Suppliers, Supplier Agents and Meter Equipment Managers, New Entrant LDSO Programme Participants are required to provide a Pre-Qualification Submission for MHHS Qualification.

The Future System Operator (FSO) will be established in 2024 and will be called the National Energy System Operator (NESO). As a result, Elexon will move away from being under National Grid ESO ownership and in future will operate under a ‘federated model’ ownership arrangement. Ofgem are asking for your views on licence conditions and changes to the BSC to support the implementation of the new ownership agreements.

In our recent customer feedback survey, a number of customers expressed the need for a more efficient and streamlined process to submit and track enquiries and concerns related to the BSC and its services.

We’ve taken this feedback on board and have been working on an enquiry management tool called Elexon Support. Elexon Support will provide you with a centralised platform to easily manage your interactions with us.

Instant data on electricity flows across the new 1.4 GW Viking interconnector is now available from Elexon. The Viking Link is the world’s longest land and subsea electricity cable, connecting the East of England with Denmark.

Making the flow data for the Viking Link available is important so that Elexon can continue to provide more transparency to anyone that monitors the electricity market.

The Credit Assessment Load Factor (CALF) values for the spring 2024 BSC Season, which runs from 1 March 2024 to 31 May 2024, 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.

A significant amount of work is being done by Elexon and the Market-wide Half Hourly Settlement Programme (MHHSP) to make changes to BSC documents (or to develop new documents) in preparation for MHHS.

The Market Wide Half-Hourly Settlement (MHHS) Programme has implemented a Programme Change Freeze. This means that any BSC Changes that require changes to the MHHS design or MHHS code drafting (via a MHHS Change Request) are likely to have their implementation postponed. 

Code Bodies presented the MHHS Qualification Plan to Suppliers and Supplier Agent representatives in an extraordinary Qualification Working Group (QWG) meeting on Monday 27 November.

The Qualification Plan provided the current position for Supplier and Supplier Agent Qualification alongside the Qualification Approach & Plan (QAP) and the Qualification Assessment Document (QAD) timelines.

We have launched the new BSC Service Status Dashboard today (20 November) so that Parties can see an up to the minute view of whether there are any issues with the BSC services that we provide.

The Unmetered Supplies (UMS) Material Error Monitoring (MEM) threshold will reduce from 10,000MWh to 7,000MWh, effective from the Quarter 1 2024 reporting window.

We have released three new dates for our Introduction to the Energy Market seminars in 2024. Find out more below and sign up to attend.

The Winter BSC Season begins on Friday 1 December 2023. The deadline for submitting your GC and DC values for the Summer BSC Season is Thursday 16 November 2023.

Even if the values are identical to the last BSC Season you need to submit values for the new Season.

The MHHS Programme is introducing changes for legacy Suppliers and agents to support the Migration of Metering System Identifiers (MSIDs) from legacy arrangements to MHHS. Reverse migration can take place during the migration period (from March 2025 onwards) where a customer has switched to a Supplier that is not yet MHHS Qualified.

This month (October 2023) Elexon has begun to administer a new support scheme to benefit electricity prepayment meter (PPM) customers this winter by discounting their daily standing charges. Xoserve (a gas industry code manager) will be administering the equivalent scheme for gas PPMs.

Following the issues mentioned in Elexon Circular EL03922 we have recently deployed a fix that addresses the issue with processing of large volume of Maximum Export Limit (MEL) data on our Balancing Mechanism Reporting Service (BMRS).

Ofgem has today (6 October 2023) approved Balancing and Settlement Code Modification P415 ‘Facilitating access to wholesale markets for flexibility dispatched by Virtual Lead Parties’.

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 is consulting on removing a requirement in the Balancing and Settlement Code to continue provision of a High Grade telecommunications line so that Parties can receive instant updates from the Balancing Mechanism Reporting Service (BMRS).

Elexon’s Metering Team recently hosted a webinar where Siemens Energy gave a presentation on a new type of technology that has the potential to be used within Settlement Metering Systems, Low Power Instrument Transformers (LPITs).

The Credit Assessment Load Factor (CALF) values for the Winter 2023 BSC Season, which runs from 1 December 2023 to 29 February 2024, are available from the BSC 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.

• BSC Portal > Financial and Credit > Credit / Credit Alerting

For any Settlement Date and Settlement Run Type carried out in accordance with the Settlement Calendar, the Settlement Administration Agent (SAA) publishes Settlement Reports (known as SAA-I014 reports) to relevant industry parties. Whilst all Settlement Reports are built using the same data, there are slightly differing sub-flows of the SAA-I014 depending on the primary recipient. 

Please note that there was an error within the blue text in the original Circular sent on Thursday 10 August. This has since been amended in the version in the online archive.

Please refer to the below information to make manual adjustments.

The Autumn BSC Season begins on Friday 1 September 2023. The deadline for submitting your GC and DC values for the Summer BSC Season is Thursday 17 August 2023.

Even if the values are identical to the last BSC Season you need to submit values for the new Season.

Elexon will implement Balancing and Settlement Code (BSC) Modification P395 ‘Aligning BSC Reporting with EMR Regulations – an enduring solution’ on 2 November as part of the November 2023 BSC Release.

We are hosting a webinar on 21 September 2023 to explain the changes.

This is the second in our series of articles that provide statistics and information on Radio Teleswitch System (RTS) meters. Since April 2020 the costs for the RTS service have been recovered through the Balancing and Settlement Code (BSC) charging arrangements.

Elexon has built a new and improved portal for publishing Regulation on Wholesale Energy Market Integrity and Transparency (REMIT) disclosures by the industry.

This article explains how Applicable Balancing Services Volume Data (ABSVD) is treated in Settlement for Secondary Balancing Mechanism (BM) Units. We are publishing this following a question from a VLP around why an Imbalance Charge was not calculated for them after National Grid ESO (NGESO) submitted ABSVD values for their Secondary BM Units.

Modification P434 ‘Half Hourly Settlement for UMS Metering Systems’ was implemented on 14 December 2022 as a special BSC Release. This Modification will require a period of mandatory Change of Measurement Class for NHH UMS Metering Systems.

This is the first in a series of articles on Radio Teleswitch System (RTS) meters.

Long before smart meters, an option for variable rate meters was the Radio Teleswitch System, which relied on a radio signal for timing information. Since April 2020 the costs for the RTS service have been recovered through the Balancing and Settlement Code (BSC) charging arrangements. They were previously borne by the Energy Networks Association (ENA). The cost for the RTS service is a direct pass through to BSC Parties, and it has increased from £1.5m in 2022/23 to £4.9m in our 2023/24 business plan.

We’re looking for members to join our P434 Implementation Working Group, created to support Parties impacted by Modification P434 ‘Half Hourly Settlement for UMS Metering Systems’. 

The Credit Assessment Load Factor (CALF) values for the Autumn 2023 BSC Season, which runs from 1 September 2023 to 30 November 2023, are available from the BSC 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.

• BSC Portal > Financial and Credit > Credit / Credit Alerting

Calling all industry members – we want your input as members of our Performance Assurance Working Group (PAWG). The PAWG is one of several working groups set up by Elexon to deliver the technical overview of the Market-wide Half Hourly Settlement (MHHS) scope.

The Summer BSC Season begins on 1 June 2023 and if you are using the Elexon Kinnect Customer Solution, the deadline for submitting your Generation and Demand Capacity (GC/DC) values for the Season is 16 May 2023.

Elexon implemented Balancing and Settlement Code Modification P419 ‘Enhanced Reporting of Demand Data to the NETSO to facilitate BSUoS Reform’ in February 2023.

P419 introduced a process to allow Non-Final Demand Operators and Suppliers to declare Supplier Volume Allocation (SVA) Non-Final Demand Facilities through BSC processes so that they would be exempt from Balancing Services Use of System (BSUoS) Charges. 

• Find out more about P419

This is of interest to all Suppliers with Non Half Hourly portfolios

At its meeting on 27 April 2023, the Performance Assurance Board (PAB) approved the deployment of EFR for Settlement Risk 008; the risk that Supplier Volume Allocation (SVA) metered data is not processed or transferred correctly, or is not processed at all.

The following datasets will no longer be published on the following Elexon BSC Portal pages from Thursday 4 May 2023. This is due to the internal migration of our Settlement Administration Agent (SAA) system. However, replacement pages have been created to enable you to access the datasets.

The draft Market-wide Half-Hourly Settlement Programme (MHHSP) Approach and Plan states that participants will be allocated to Qualification tranches in May 2024. The Code Bodies want your feedback on the allocation timeline and approach by Tuesday 2 May 2023.

Following our request for customer feedback at the most recent Upcoming BSC Change Proposals meeting on 23 March, the Potential BSC Changes awaiting initial consideration dashboard has been upgraded,

As part of the 23 February 2023 Balancing and Settlement Code release, two Modifications (P376 and P419) will be implemented using our Customer Solution, one of the three pillars of Elexon Kinnect, our cloud platform.

We will publish guidance documents for companies that want to participate in the P376 and P419 reforms later this month.

The Balancing and Settlement Code Panel has agreed to Elexon’s recommendation to raise a Modification to remove our obligation to provide Balancing Mechanism Reporting Service (BMRS) data through the High Grade communications line service. 

As part of our  Elexon Kinnect programme we have been building a new Settlement Solution which replaces services of the Settlement Administration Agent (SAA) on our new cloud platform.

There was an issue with Elexon BSC Portal publishing email alerts. This has now been fixed but after fixing this, the BSC Portal sent email alerts for backfilled data.

These email alerts are not for current system events and can be ignored.

We apologise for the inconvenience caused by this issue.

The Credit Assessment Load Factor (CALF) values for the Summer 2023 BSC Season, which runs from 1 June 2023 to 31 August 2023, are available from the BSC 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.

• BSC Portal > Financial and Credit > Credit / Credit Alerting

Elexon is inviting industry participants to register their interest in joining the Network Gas Supply Emergency Settlement Validation Committee (NGSESVC). Please note that there is no immediate requirement for this committee.

We implemented Change Proposal (CP) 1527 ‘Increase the minimum data storage capacity for Settlement Outstations and mandate specific selectable integration periods for Metering Codes of Practice’ on 30 June 2022, as part of the June 2022 BSC Release.

CP1527 incremented the Issue (and version) numbers of the below CoPs, by one.

We have upgraded the Digital Code with some additional features to help you find the information you need from the BSC.

Last week Elexon issued a formal notice to Suppliers of additional data sets having been approved to be published under Peer Comparison. This data has been approved for publication under the provisions introduced by BSC Modification P427 ‘Publication of Performance Assurance Parties’ impact on Settlement Risk’.

We have written to users of the TIBCO software service and the High Grade communications line about our intention to decommission them in March 2024.

The TIBCO software and the High Grade line supply users with near real time updates on wholesale market data from our Balancing Mechanism Reporting Service (BMRS).

The Credit Assessment Load Factor (CALF) values for the summer 2023 BSC Season, which runs from 1 June 2023 to 31 August 2023, 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.

From 23 February 2023, under Modification P427, Elexon will be able to publish the Settlement performance data of Performance Assurance Parties (PAPs)* under the Peer Comparison Performance Assurance Technique.

We are looking for new members for the Imbalance Settlement Group (ISG) Committee.

Would you like to get visibility of upcoming Change Proposals to the BSC? Sign up for an opportunity to feedback on upcoming Changes.

The Spring BSC Season begins on 1 March. If you are using the Elexon Kinnect Customer Solution, the deadline for submitting your GC and DC values for the season is 14 February.

Ahead of the first meeting of BSC Issue 106 ‘Review of BSC Credit Cover Arrangements’, we are seeking feedback from stakeholders via a short (5-10 min) survey. Survey responses will be used to inform the meeting materials and focus areas for the first meeting, and must be submitted by 17:00 on Wednesday 15 February.

We implemented the P402 Alternative Modification ‘Enabling reform of residual network charging as directed by the Targeted Charging Review’ in the February 2022 Balancing and Settlement Code (BSC) Release.  

Following the implementation of   Modification P350 on 1 April 2018, ETLMO values have been calculated for each season across the 2023/24 BSC Year. The Imbalance Settlement Group approved the revised Estimated Transmission Losses Adjustment (ETLMO) values for use from 1 April 2023 at its January 2023 meeting.

Following a thorough procurement process, the Market-wide Half-Hourly Settlement (MHHS) Programme and Elexon are pleased to announce the appointment of Avanade with their Microsoft Azure infrastructure solution as the Data Integration Platform Service Provider (DIPSP) for the Programme. 

If you’re participating in the Demand Flexibility Service you need to associate the NGC BM Units that you have been provided by the National Grid Electricity System Operator with your Base Supplier BM Units.

The Credit Committee (CC) is one of several Balancing and Settlement Code (BSC) committees which play a role in managing and governing the code. The CC, which is responsible for all BSC matters relating to the Credit Assessment Price (CAP), is looking for new members. 

The Credit Assessment Load Factor (CALF) values for the Spring 2023 BSC Season, which runs from 1 March 2023 to 31 May 2023, are available from the BSC 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.

• BSC Portal > Financial and Credit > Credit / Credit Alerting

The February 2023 Release planned go-live is 23 February 2023; this release includes changes to the SAA-I014 Settlement Administration Agent (SAA) Settlement Report sub-flows 1, 2 & 4. From 23 February 2023, all BSC Parties will receive Version 12 of the SAA-I014, sub-flow 1 or 4, as default and Version 10 of the SAA-I014 will no longer be available.

The Elexon Insights Solution data platform Real-time Information Service (IRIS) is now available.   

The Winter BSC Season 2022 begins on 1 December.  If you are using the Elexon Kinnect Customer Solution, the deadline for submitting your GC and DC values for the season is 16 November.

We launched our digital code site in April 2022 to recreate 460 Balancing and Settlement Code (BSC) documents in a far easier to browse format. The digital code is now the single source for BSC documents and around 400 people are using it each day. The PDFs of all of the code documents have been retired from main BSC website (www.elexon.co.uk) and will now redirect you to the digital code equivalent.

Following the approval of Balancing and Settlement Code Modification (BSC) P446 ‘Energy Price Guarantee Scheme for domestic customers’ by Ofgem, Elexon is pleased to have been appointed as Scheme Administrator.

Due to the announcement of an additional Bank Holiday on 19 September 2022 for the Queen’s funeral, Elexon are currently working through re-aligning all impacted Settlement Calendars.

Michael Gibbons CBE, FEI, BSC Panel Chair, and Dr. Phil Hare, BSC Panel Deputy Chair, have sent a letter on behalf of the BSC Panel as part of the Consultation on the Future Ownership of Elexon that Ofgem issued on 14 July 2022.  BEIS and Ofgem have jointly published the consultation on the change in ownership of Elexon. This follows the publication of the Future System Operator (FSO) consultation response on 6th April 2022.

Due to a global shortage of materials and the impact of COVID-19 on global supply chains, there is a shortage of semi-conductors among other crucial components, which impacts the ability of Meter manufacturers to produce and supply electricity Meters, including those required for Settlement under the BSC.

This shortage of Settlement Meters impacts on new connections and fault resolution in both the Supplier Volume Allocation (SVA) and Central Volume Allocation (CVA) markets, and consequently impacts the integrity and accuracy of Settlement.

The Credit Assessment Load Factor (CALF) values for the Winter 2022 BSC Season, which runs from 01 December 2022 to 28 February 2023, 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.

The Credit Committee has decided to withdraw the notified Credit Assessment Price (CAP) of £510/MWh before implementation on 7 September 2022. This means the current CAP value of £415/MWh remains valid at least until it is replaced by the next scheduled CAP of £475/MWh on 16 September.

As you may be aware, the Credit Assessment Price (CAP) is due to increase in the next few days. Your BM Unit CALF Values and your declared Generation Capacity (GC) and Demand Capacity (DC) values are used in the Credit Assessment Energy Indebtedness (CEI) calculation of your Credit Indebtedness.

With the recent increases in the CAP, it is important to check whether your DC and GC values are correct and that you have reviewed the Credit Assessment Load Factor (CALF) values that Elexon has calculated to ensure that they accurately represent the expected Balancing Mechanism (BM) Unit activity.

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.

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.

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.

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.

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.

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.

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.

We have been working on changes to the Elexon Kinnect Customer Solution which delivers functional enhancements to the contacts, authorised signatories, addresses and bank details elements of the Elexon Kinnect Customer Solution. These changes are usable from 20 June 2022 and provide benefits for existing customers and new market entrants.

The latest circular from the Board to BSC Parties highlights that delivery of system changes to support GB participation in Project TERRE (Trans European Replacement Reserve Exchange, amongst other highlights. 

Following the Grid Supply Point (GSP) Group Metering Issues identified in GSP Groups _C and _J, Elexon has looked at further impacts the corrected data could have on Settlement processes.

After completing some additional analysis, we identified that there were some impacts on Transmission Loss Factors (TLFs).  These impacts were small, mostly affecting the Summer 2022 period.

We have been developing an exciting new data and insights platform, the Elexon Kinnect Insights Solution, which builds on our existing Balancing Mechanism Reporting Service (BMRS) to offer a richer and more detailed data service for GB electricity.

The Credit Assessment Load Factor (CALF) values for the Autumn 2022 BSC Season, which runs from 1 September 2022 to 30 November 2022, 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 Balancing Mechanism Unit (BMU), you can appeal an assigned CALF value if you believe it does not accurately represent your expected activity by Monday 1 August 2022.

At its May 2022 meeting, the Performance Assurance Board (PAB) undertook a review of its approach to managing the Settlement Performance standard. The PAB has approved two changes to the Settlement Performance Standard.

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.

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).

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.

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.

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. 

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.

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.  

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.

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. 

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.

The clock change this weekend will result in a ‘short’ day which will impact Settlement periods and contract notifications. On a ‘short’ clock change day, there are only 46 Settlement Periods instead of the normal 48.

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

National Grid ESO has resubmitted Balancing Services Adjustment Actions (BSAA) and Balancing Services Adjustment Data (BSAD) files for multiple settlement dates throughout 2021. The period covers January through to November 2021 and is across 69 distinctly impacted Settlement Periods.

Elexon has been monitoring the on-going impacts of component shortages and supply chain challenges which are impacting on the availability of electricity Meters and related equipment. To help us understand the extent of these challenges, we have created a short survey to assess the impact on the industry.

This page aims to answer common questions about participation in the testing of system changes related to Modification P375, part of the June 2022 Release.

We have been making changes to the layout and content on Newscast, which is our weekly newsletter that features key information about the industry and BSC activities.

To deliver on our commitment to providing enhanced, customisable data we are migrating the aging Balancing Mechanism Reporting Service platform (BMRS) to the Elexon Kinnect Insights Solution. Through easier access to data and data insights, the new Insights Solution will play a key role in supporting existing  companies, new entrants and innovators who want to develop new products and services.

Elexon is working on a project to develop a brand new website that will enable customers to have much easier access to the Balancing and Settlement Code (BSC) and its subsidiary documents, ‘the Digital Code’. We are working on ways to make the BSC and its subsidiary documents more accessible and navigable for our customers.

We are in the process of contacting Outstation manufacturers to confirm whether or not their Outstations currently comply with the new requirements. This is because the Issue numbers and versions of Codes of Practice 1, 2, 3, 5 and 10 are changing and will be implemented on 30 June 2022 via the June 2022 BSC Release.

The Unmetered Supplies User Group (UMSUG) are requesting information from Suppliers to declare whether they will take on new Non Half Hourly (NHH) Unmetered Supplies (UMS).

UMSUG are interested in knowing if you are willing or unwilling to take on new Non Half Hourly Unmetered Supplies.

We are collecting views for the BSC Panel on whether the BSC change process should be reviewed, and what improvements could be made, including speeding up the process.

The Credit Assessment Load Factor (CALF) values for the Spring 2022 BSC Season, which runs from 1 March 2022 to 31 May 2022, 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.

We are interested in gathering feedback on our Performance Assurance product from parties within the industry to help analyse and identify areas where we could improve. 

The Code of Practice Compliance and Protocol Approvals spreadsheet on the Elexon website has been updated to reflect two changes that relate to Outstations.

A new interactive publication is available called Elexon Kinnect: Our cloud native digital platform explained. It explains how the three elements of Kinnect – the Customer, Settlement and Insights Solutions – work, and the benefits that each will realise.

Elexon’s 2021 customer survey results show that 91% of respondents believe our service has improved over the last year, or stayed the same. Overall satisfaction with our service remains consistently high, with 69% of respondents giving us a score of 8 to 10 out of 10.

The Trading Disputes Committee (TDC) has recently encountered a number of Trading Disputes where the root cause was determined to be issues with implementing or maintaining a Shared Supplier Volume Allocation (SVA) Metering System. We want to ensure that Parties understand their obligations and the processes they must follow to prevent future impacts to Settlement.

On 19 November 2021, Ofgem approved Elexon’s Business Separation Plan for the Market-wide Half Hourly Settlement (MHHS) Programme.

The MHHS Implementation Management Charge was set by the BSC Panel at its June meeting at £0.03847/Supplier Volume Allocation MSID, per month. This charge was initially calculated on the basis of the annual MHHS budget, however we committed at the June 2021 Panel meeting to review the charge later in the financial year once there was a better view of the costs likely to be incurred.

On 4 November Elexon implemented five changes to the Balancing and Settlement Code (BSC) as part of the November 2021 release. This comprises one Modification, P399 ‘Making the identity of Balancing Service providers visible in the Balancing Services Adjustment Data’, and four Change Proposals. Modifications amend BSC rules and Change Proposals amend BSC subsidiary documents.  

The Winter BSC Season starts on Wednesday 1 December and the deadline is approaching for Parties to submit their Generation Capacity (GC) and a Demand Capacity (DC). There are two different ways you can submit these values. If you use Elexon Kinnect, the final deadline for submitting GC/DC values via the Customer Solution is 17:00 on Friday 12 November. If you are submitting the values by the BSCP15/4.3 form, the deadline for submission is 17:00 on Wednesday 17 November.

Following a consultation, the Credit Assessment Price (CAP) value will decrease from £259/MWh to £240/MWh on Thursday 18 November 2021.

Following consultation and a subsequent meeting of The Credit Committee,  the CAP will increase on Thursday 4 November 2021 to £259/MWh, from the last notified value of £184/MWh. Please note the last notified CAP of £184/MWh will still be implemented on 21 October 2021.

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.

Elexon has today published and delivered to Ofgem the recommendations made by the Code Change and Development Group (CCDG), following the CCDG’s consultation on the transition and migration approach to support Market-wide Half Hourly Settlement (MHHS) implementation.

The CCDG is one of two industry workgroups for which Elexon has been providing technical leadership, to support further development of the MHHS Target Operating Model.

Elexon has published its responses to the consultations by the Government and Ofgem on reforming the energy code arrangements and the Future System Operator (FSO) role. We believe that the proposed framework is a sound footing on which to build an energy system to deliver net zero and note that consolidation and simplification should follow. We look forward to working with the Government and Ofgem to deliver the outcomes of the consultations.

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.

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.

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.

Following consultation, the Credit Assessment Price (CAP) will increase from £96/MWh to  £113/MWh, effective from Wednesday 8 September 2021.

Today Elexon, on behalf of the MHHS Programme (Implementation Manager), is publishing a consultation on the details of the proposed MHHS Programme governance framework on the BSC website (in lieu of the MHHS Programme’s website going live).

Elexon is managing the implementation of the industry-led MHHS Programme and as such is the Senior Responsible Owner and Programme Manager. Elexon’s Board has approved a budget of £14.5m for the first year (2021/22) of the implementation programme for Market-wide Half Hourly Settlement (MHHS).

On Tuesday 3 August 2021, the CAP value will increase from £77/MWh to £96/MWh.

The CAP review trigger level value will also increase to +/- £10/MWh.

On 5 July 2021 we published a consultation on the transition and migration approach that the Code Change and Development Group (CCDG) has developed to support implementation of Market-wide Half Hourly Settlement (MHHS). We hosted a webinar about the consultation on 7 July.

Please note that this issue has now been resolved

• More information is available in Elexon Circular EL03332

The Performance Assurance Board (PAB) has recently announced changes to the mandatory status of Desktop Audits, Central Volume Allocation and Supplier Volume Allocation onsite Inspection Visits.

On 14 June 2021 we published the Architecture Working Group’s (AWG) recommendation to Ofgem that ‘event-driven’ reference architecture is developed to support Market-wide Half Hourly Settlement (MHHS) implementation. 

The three-month notice period required to end the COVID-19 Supplier derogations begins on 1 July. The Performance Assurance Board (PAB) made this decision at its meeting on 24 June 2021, taking into account feedback from industry and the loosening of COVID-19 restrictions.

The PAB believe that there is now a reasonable level of confidence that Government restrictions which significantly impact Settlement operations have concluded. In particular, whilst some restrictions do remain in place, very few business premises are now required to remain closed.

From 24 June 2021 individuals can request that BSC data is made openly available, regardless of whether or not they are a BSC Party.

Our annual BSC seminar takes place from 14:00 to 16:00 on 8 July 2021, where you will hear from the Energy Minister and other senior industry figures. Elexon’s senior leadership team will be providing an overview of our performance over 2020/21 and explaining how we have supported progress to net zero. You will also be able to vote to appoint the Board Directors.

In response to recent enquiries from Suppliers and other parties, we have been reviewing whether the criteria that Suppliers must follow when deciding whether to allocate Non-Domestic SVA Metering Systems to Profile Classes 3 or 4 are clear. These criteria are laid out in BSCP516: ‘Allocation of Profile Classes and SSC’s for Non Half Hourly SVA Metering Systems Registered in SMRS’, and are particularly relevant to:

• Suppliers deciding whether a new connection should be settled as Non Half Hourly (NHH) in Profile Class 3 or 4, or as Half Hourly (HH); and
• Suppliers deciding whether an existing connection that is currently being settled HH can be changed to NHH in Profile Classes 3 or 4.

Energy regulator Ofgem has approved the first proposal to use Elexon’s Balancing and Settlement Code (BSC) Sandbox. The BSC Sandbox allows innovators to trial concepts in a live market environment without having to meet all the usual BSC rules.

Ofgem’s decision follows Elexon’s consultation on a proposal by Emergent Energy to use the service. The BSC Panel then recommended the proposal for approval by Ofgem.

We are recruiting interested parties to join our Data and Reporting User Group. The User Group is being formed to allow our customers and stakeholders the opportunity to help shape the design of the Elexon Kinnect Insights Solution, which is one of the three elements that make up our new digital platform, Elexon Kinnect. 

On Thursday 3 June 2021, the CAP value will increase from £60/MWh to £70/MWh. This follows a consultation paper issued on Tuesday 4 May 2021 following a breach of the CAP trigger level.

On Wednesday 16 June 2021, the CAP value will increase to £77/MWh. This follows a consultation which closed Tuesday 25 May 2021 with no responses disagreeing to the proposal.

On 18 May, Ofgem approved Modification P399. This modification will level the playing field between publicly available data on BM and non-BM trades, so that market participants can identify the organisations and assets which are providing these additional non-BM balancing services. P399 will be implemented on 4 November 2021 as part of the November 2021 BSC release.

Following an increase in forward market prices, a Credit Assessment Price (CAP) review was triggered. There is now a consultation paper on the value of the CAP which asks whether you agree with the proposal to increase the value of CAP.

The proposal is to increase the value of CAP to £77/MWh from last notified value of £70/MWh

Following an increase in forward market prices, a Credit Assessment Price (CAP) review was triggered. There is now a consultation paper on the value of the CAP which asks whether you agree with the proposal to increase the value of CAP.

The proposal is to increase the CAP to £60/MWh from the last notified CAP value of £54/MWh.

Following an increase in forward market prices, a Credit Assessment Price (CAP) review was triggered. There is now a consultation paper on the value of the CAP which asks whether you agree with the proposal to increase the value of CAP.

The proposal is to increase the value of CAP to £68/MWh from last notified value of £60/MWh.

Today (26 April) we have published the Architecture Working Group (AWG) consultation on the reference architecture to support Market-wide Half Hourly Settlement (MHHS) implementation.

The additional meter readings available from smart meters will result in a big increase in the volume and frequency of meter data that needs to be settled. This requires a different approach to the way energy companies interact with each other and Settlement data. The reference architecture sets out the framework for this new data integration.

A Consultation paper on the value of Credit Assessment Price (CAP) was issued on Monday 12 April 2021 following a breach of the CAP trigger level. No responses disagreed with the proposed value and its was agreed that CAP value will increase to £60/MWh.

This Saturday marked the 20^th anniversary of the Balancing and Settlement Code (BSC), which was launched as part of NETA (the New Electricity Trading arrangements) on 27 March 2001.

As part of Elexon’s commitment to improving access to electricity market data, we have now made some electricity Settlement data available via a new Open Settlement Data page.

The Credit Committee deemed it appropriate to keep the Credit Assessment Price (CAP) at the current price of £30/MWh. Discussions were held by the Committee regarding whether to revise the current price of £30/MWh following recent changes in forward market prices.

Modification P379 ‘Multiple Suppliers through Meter Splitting’ has been withdrawn by the proposer after independent analysis of the proposal showed that the costs for implementing it would significantly outweigh the benefits.

The CAP (Credit Assessment Price) will decrease to £54/MWh from the last notified value of £64/MWh on Tuesday 23 March 2021.

Energy regulator Ofgem has approved BSC Modification P375 a ground-breaking change to the Balancing and Settlement Code (BSC) which will allow individual Asset Meters located ‘behind the boundary point’ to be used for Settlement purposes.

The BSC Change team have published a new video outlining the changes to their ways of working they have made in the last year. This is based on feedback they received from BSC Parties.

Today sees the launch of a new support service where innovators from new and existing companies can trial products and services which could transform the electricity sector

You have the chance to take part in Elexon’s consultation on the first proposal to use the new Balancing and Settlement Code (BSC) Sandbox. 

Elexon has set out options for a single energy code body to work alongside a reformed System Operator (SO) in their new policy, ‘Reforming the System Operator Roles and Code Arrangements’. This approach will allow better management of the energy system on the road to net zero.

Ofgem has approved Modification P398 ‘Increasing access to BSC Data’ for implementation on 24 June 2021. P398 will amend the BSC so that all data is assumed open unless there is a reason otherwise and will not directly impact any market participants. BSC Parties and non-BSC Parties will be able to apply for data under a new process introduced by this Modification. This Modification will better align the BSC with moves towards a smarter energy system.

On Thursday 16 April 2020, the CAP value will decrease from £36/MWh to £30/MWh.

The Credit Assessment Price (CAP) will increase to £64/MWh, effective from Tuesday 23 February 2021. 

The new 149-mile interconnector, Interconnexion France-Angleterre 2 (IFA2), that runs between the UK and France has been operational for one week. Linking the Hampshire and Normandy coastlines, the interconnector has been importing and exporting clean electricity between GB and Europe since 20:30 on 22 January 2021.

The new self-service gateway element of our new digital platform – the Elexon Kinnect Customer Solution – is now live.

Ofgem has today, 22 January 2021, published its consultation on implementation principles for Market-wide Half Hourly Settlement (MHHS) in which it explains its ‘plan to clearly place responsibility for management and delivery of the programme with industry.’ 

A Cost Benefit Analysis (CBA) consultation for P379 ‘Multiple Suppliers through Meter Splitting’ has been issued by the BSC Panel. We are asking you to get involved by completing our consultation for P379.

System Prices reached or exceeded £1,000/MWh on seven occasions from 6 to 8 January due to cold weather brought on from the ‘Beast from the East 2’.

The CAP will increase to £62/MWh – not the proposed £60/MWh – on Wednesday 27 January 2021.

Elexon has published the final version of its business plan for 2021/22, following feedback from the BSC Panel and BSC Parties. We thank everyone that provided feedback on the plan. Elexon’s board discussed this in detail at its February 2021 meeting. The feedback was also presented to the BSC Panel at its February meeting.

Ofgem has designated the Balancing Mechanism Reporting Service (BMRS) as the Reporting Service for Great Britain in an open letter on the 4 January 2021.

The results of Elexon’s 2020 annual customer survey sees improvements in a number of our core services and highlights that the support we have provided our customers during COVID-19 was appreciated.

Find out the latest updates for 28 September 2020 regarding the submission of Market Domain Data (MDD) Plan for Ofgem’s Targeted Charging Review (TCR).

There is more evidence of the move to a lower carbon electricity system in our latest  BSC Operations Headline Report for December 2019 which showed that wind generation produced a monthly total of 5,613 gigawatt hours (GWh) for the GB Market. This was the largest monthly total for wind in 2019.

Elexon is supporting National Grid Electricity System Operator (National Grid ESO) to fulfil its responsibilities for Project TERRE (Trans European Replacement Reserves Exchange).

Elexon has agreed contractual arrangements with Energy Networks Association (ENA) to allow operational cost recovery for the radio teleswitch service (RTS) within the Balancing and Settlement Code (BSC) charging arrangements from 1 April 2020.

On 27 February, Elexon implemented seven changes to the Balancing and Settlement Code (BSC) as part of the February 2020 BSC release.

Today (12 March) is the 300^th meeting of the Balancing and Settlement Code (BSC) Panel, almost 20 years on from its first meeting on 18 August 2000. 

To help manage the impact of the coronavirus, Elexon’s senior management team has decided to close our office from today (Monday 16 March) until further notice.

Today Elexon has published the final version of its 2020/21 Business Plan. The industry and the BSC Panel previously commented on the plan and these comments are reflected in the final version.

From the 1 April 2020, Elexon will stop production and cease support of SAA-I014 (V008). BSC Parties who currently receive SAA-I014 (V008) must ensure their systems are updated to receive either SAA-I014 (V009) or (V010).

A letter from CEO Mark Bygraves about support during these difficult times.

On Friday 3 April the BSC Performance Assurance Board (PAB) gave urgent approval to two temporary derogations allowing Suppliers to input more accurate estimates into our Settlement system during COVID-19

The Department for Business, Energy and Industrial Strategy (BEIS) is consulting on whether the smart meter Data Communications Company (DCC) should be required to provide an enrolment service for EDMI SMETS1 (Smart Metering Equipment Technical Specification) meters. EDMI is a meter manufacturer.

At its monthly meeting on 9 April, the Balancing and Settlement Code (BSC) Panel agreed a set of principles for Elexon to work to, when progressing changes to the code while the industry manages the impact of COVID-19.

On Friday, National Grid ESO announced a delay to implementing the necessary changes that will enable industry parties in Great Britain to participate in the Project Trans-European Replacement Reserve Exchange (TERRE).

Modification P403 ‘BSC Arrangements in the event that the TERRE Market is suspended by National Grid ESO’ will be implemented on 28 May 2020.

Next week Elexon and National Grid ESO will begin the first Workgroups to develop changes to the Balancing and Settlement Code and the Grid Code to support Project MARI – a new European platform for providing balancing services.

The Performance Assurance Board (PAB) has agreed an approach and timescales for ending the derogations from BSC rules and resuming Performance Assurance Techniques, which have supported BSC Parties in managing the impact of COVID 19. 

Given the approval of BSC Modification P396 by Ofgem in March 2020, from 1 December all BSC Trading Parties that are not Interconnectors will have to pay the BSC Funding Share costs that were previously attributed to Interconnectors.

BSC Trading Parties will be given £1.5m through a reduction in Elexon’s billing over the coming months. This has been driven by a number of cost efficiencies and savings made by the company.

Unmetered Supplies (UMS) Metering Point Administration Numbers (MPANs) with a maximum demand over 100kW must be migrated to Half-Hourly (HH) settlement; the proposed deadline for this migration is 1 April 2021.

See updates regarding estimation derogations during COVID-19.

See updates regarding estimation derogations during COVID-19.

See updates regarding estimation derogations during COVID-19.

See updates regarding estimation derogations during COVID-19.

Elexon is calling for volunteers to join a new Workgroup to assess a Balancing and Settlement Code Modification proposal allowing Virtual Lead Parties to trade electricity from demand-side response (DSR) providers directly in the wholesale electricity market.

An updated message from Mark Bygraves, CEO.

On 3 April 2020, the BSC Performance Assurance Board (PAB) approved temporary derogations from the BSC rules, in accordance with BSCP537, which allowed Suppliers to submit new estimates for non-domestic properties which better reflect their consumption during this period of lockdown.

Consulting has begun on proposals to change the Balancing and Settlement Code (BSC) so that individual asset meters located ‘behind the boundary point’ can be used for Settlement purposes.

The five successful candidates have been announced and will be a part of the BSC Panel for a two-year period from 1 October 2020. 

Our yearly analysis suggests that there are no further changes to the MIDS required at this time, with the current Individual Liquidity Threshold (ILT), timeband weightings and product weightings remaining suitable.

A BSC rule change was implemented on 12 October 2020, requiring Elexon to determine whether Settlement Adjustment Processes (SAPs) should be used if a Demand Control Event (DCE) occurs in future.

On Thursday 10 September 2020, Elexon hosted the first ever virtual annual BSC Meeting and Seminar.

As part of the commitment to improving access to electricity market data, we have now made more electricity Settlement data available.

BSC Parties voted whether to approve the appointment or re-appointment of Board Directors in their last year, and whether to re-elect all other Board directors at the virtual Annual BSC Meeting on 10 September.

There is an opportunity to deliver CP1535 ‘Interconnector Fuel Type Category update to BMRS’ earlier. This chance has come about following the further Trans European Replacement Reserve Exchange (TERRE) delay announcement.  

A major milestone was reached on 29 May as the technical changes necessary to enable GB industry parties to join the central Trans-European Replacement Reserve Exchange (TERRE) platform and trade in the European electricity market was successfully deployed. 

National Grid ESO (NGESO) have announced that it is now not possible to facilitate GB participation in the Replacement Reserve (RR) market for the Trans-European RR Exchange (TERRE) before the end of 2020.

Ofgem CEO, Jonathan Brearley, will be speaking at our virtual Annual BSC Meeting and Seminar on Thursday 10 September from 14:00 to 16:00.

Elexon have published its views to Ofgem’s consultation about having a Programme Manager (PM) for the introduction of Market-wide Half Hourly Settlement (MHHS).

An open letter from Elexon CEO Mark Bygraves about opening the Elexon offices:

The Department for Business, Energy and Industrial Strategy (BEIS) has published its decision to not require the smart meter Data Communications Company (DCC) to provide an enrolment service for the ‘first generation’ SMETS1 EDMI meter set.

The latest Annual Performance Assurance Report (APAR) for 2019/20 has been published. The report looks back at notable achievements and delivery within Performance Assurance in the past year.

Elexon has calculated the Grid Supply Point (GSP) Group liability caps and Supplier Charge values for the BSC Year 2020/21. The Performance Assurance Board (PAB) has approved the revised GSP Group liability caps and Supplier Charges to be applied to the reporting periods April 2020 – March 2021.

Today (30 June) we have published our Annual Balancing and Settlement Code (BSC) Report for 1 April 2019 to 31 March 2020. The report gives many examples of how Elexon and the BSC Panel have worked together to proactively manage the BSC and support moves to a smarter, more flexible electricity system.