List of homepage news articles

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.