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.
Consultation: decreasing CAP to £170 from 3 February 2023
This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £170/MWh from 3 February 2023. This two-day consultation will close at 17:00 on 19 January 2023.
Earlier this month, the Credit Committee notified a Credit Assessment Price (CAP) decrease to £220/MWh from 20 January 2023. A further decrease in forward market prices has prompted the Credit Committee to propose a £170/MWh CAP value effective from 3 February 2023 for consultation.
Credit Assessment Load Factor values for Spring 2023: 1 February 2023 appeal deadline
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
Changes to SAA Settlement Report sub-flows 1, 2 and 4 (SAA I014)
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.
Consultation: revising CAP to £400 from 5 January 2023
This page gives details of a consultation on revising the Credit Assessment Price (CAP) to £400/MWh from 5 January 2023. This two-day consultation will close at 17:00 on 16 December 2022.
Earlier this month, the Credit Committee confirmed a Credit Assessment Price (CAP) increase to £450/MWh from 21 December 2022. However, a decrease in forward prices since this was notified has resulted in an additional CAP value of £400/MWh effective from 5 January 2023 to be proposed by the Credit Committee for consultation. This gives the Credit Committee the optionality to change the CAP, or the option to withdraw any notified CAP(s) when further data is available closer to the implementation date.
Consultation: decreasing CAP to £250 from 20 January 2023
This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £250/MWh from 20 January 2023. This two-day consultation will close at 17:00 on 5 January 2023.
New Insights Solution ‘data push’ service goes live
The Elexon Insights Solution data platform Real-time Information Service (IRIS) is now available.
Elexon welcomes Ian Graves to the Board as a new industry Non-executive Director
Source: Elexon corporate websiteElexon has appointed Ian Graves to the Elexon Board. Ian, who takes up his post from 1 January 2023, fills the vacant position that opened up when Sara Vaughan was appointed as Chair of the Elexon Board and Balancing and Settlement Code (BSC) Panel.
Consultation: increasing CAP to £490 from 21 December 2022
This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £490/MWh from 21 December. This two-day consultation will close at 10:00 on 7 December 2022.
Last month, the Credit Committee confirmed a Credit Assessment Price (CAP) increase to £350/MWh from 14 December 2022. However, significant increases in forward prices since this was notified has resulted in an additional higher CAP value of £490/MWh effective from 21 December 2022 to be proposed by the Credit Committee for consultation. This gives the Credit Committee the optionality to increase the CAP if System Prices significantly increases, or the option to withdraw when further data is available closer to the implementation date.
Consultation: increasing CAP to £350 from 14 December 2022
This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £350/MWh from 14 December. This two-day consultation will close at 10:00 on 30 November 2022.
Earlier this month, the Credit Committee confirmed a Credit Assessment Price (CAP) increase to £300/MWh from 30 November 2022. However, following prices in December remaining higher, a CAP value of £350/MWh effective from 14 December 2022 has been proposed by the Credit Committee for consultation. This gives the Credit Committee the optionality to increase the CAP were forward prices to remain higher, or the option to withdraw when further data is available closer to the implementation date.
Consultation: increasing CAP to £300/MWh from 30 November 2022
This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £300/MWh from 30 November. This two-day consultation will close at 10:00 on 16 November 2022.
Last month, the Credit Committee confirmed a Credit Assessment Price (CAP) at £250/MWh from 8 November 2022. However, following prices in December remaining higher, a CAP value of £300/MWh effective from 30 November 2022 has been proposed by the Credit Committee for consultation. This gives the Credit Committee the optionality to increase the CAP were December prices to remain higher, or the option to withdraw it if prices remain steady, or decrease, when further data is available closer to December delivery.