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.
Settlement on ‘short’ clock change day: 27 March 2022
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.
Credit Assessment Price to decrease to £250/MWh from 1 April 2022
Source: Elexon Circular (EL03549)Elexon names Simon McCalla as its new Chief Executive Officer
Source: Elexon Corporate WebsiteSimon McCalla has been appointed as the new permanent CEO of Elexon.
Consultation: Allocation of New Grid Supply Point to GSP Group (WESA_H, SAFO_1)
We are seeking views on two new Grid Supply Point (GSP) registration applications from the National Electricity Transmission System Operator (NETSO).
Investigations into potential Settlement errors in two GSP Groups
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).
Consultation on CAP increase to £231/MWh from 17 March 2022
This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £231/MWh. This two-day consultation will close at 17.00 on 2 March 2022.
Outcome
Following a consultation on the value of the CAP which we issued on 28 February, the Credit Committee has decided that the consulted on CAP value of £231/MWh (for implementation on 17 March 2022) is no longer reflective of market data.
Based on the latest market data available, the Credit Committee has set a new CAP of £330/MWh to be implemented on 17 March.
- Elexon Circular EL03542
Reconciliation charges to be introduced at next Settlement Run
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.
Have your say on Metering shortages and supply chain issues
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.
Consultation on CAP decrease to £175/MWh from 8 March 2022
This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £175/MWh. This two-day consultation will close at 17.00 on 21 February 2022.
Please note the last notified CAP value of £190/MWh will still go live on 22 February.
Outcome
The Credit Assessment Price (CAP) will stay at £190/MWh
The Credit Committee has decided that the consulted on CAP value of £175/MWh would no longer be reflective of market data for implementation in March. Therefore it will not be implemented unless forward market prices revert to their former downward trends very soon which will be observed very closely over the coming days until the next Credit Committee meeting.
- Circular EL03533
FAQs on testing of P375 BSC System changes
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.
Request for feedback on Newscast
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.
Help shape design of Elexon’s future data and reporting service
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.
Participate in the design of our Digital BSC website
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.
Consultation on Risk Evaluation Register 2022/23
We invite you to respond to the consultation on the Risk Evaluation Register (RER) which sets out potential Risk events and the affect they would likely have on the Settlement Risks during 2022/23.
Changes to Outstation requirements introduced on 30 June 2022
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.
Request for information from Suppliers
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.
Consultation on CAP decrease to £190/MWh from 22 February 2022
This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £190/MWh. This two-day consultation will close at 17.00 on 7 February 2022. Please note the last notified CAP value of £245/MWh will still go live on 8 February.
Outcome
No consultation responses were received. As a result the CAP value will decrease from £245/MWh to £190/MWh, effective from Tuesday 22 February 2022.
- Circular EL03521
Complete our survey to help improve the BSC Change process
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.
Credit Assessment Load Factor values for Spring 2022 appeal deadline
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.
Performance Assurance product feedback request
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.