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.
Risk Operating Plan 2024/25 consultation
We invite you to comment on the Risk Operating Plan (ROP) for 2024/25. The ROP provides an overview of planned activities undertaken by the Performance Assurance Administrator (PAA) as part of the Performance Assurance annual cycle.
Respond to Ofgem’s consultation on licence conditions and changes to the BSC to implement Elexon’s new ownership arrangements
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.
Elexon Insight: The key to unlocking the future of local flexibility
Source: Elexon Corporate WebsiteEnhancing our customer enquiry processes using Elexon Support
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.
Consultation: decreasing CAP to £90 from 2 February 2024
This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £90 from 2 February 2024. This two-day consultation will close at 17:00 on 18 January 2024.
Flow data from Britain’s newest interconnector link now available
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.
Tell us your views on our 2024/25 business plan
Source: Elexon Corporate WebsiteInformal Consultation on the BSC changes needed to enable Elexon’s ownership change
Elexon were seeking views from industry on the proposed changes to the BSC to enable Elexon’s ownership change, as part of a process led by the Department for Energy Security and Net Zero (DESNZ) and Ofgem. The purpose of this informal consultation was to confirm that the proposed changes to the BSC meet the policy intent, as published by DESNZ and Ofgem.
This consultation was running in tandem with an Ofgem consultation on new electricity supply and generation licence conditions to implement the new ownership arrangements for Elexon.
Elexon’s views on the Market Facilitator role
Source: Elexon Corporate WebsiteConsultation: decreasing CAP to £100 from 4 January 2024
This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £100 from 4 January 2024. This two-day consultation will close at 17:00 on 15 December 2023.
Credit Assessment Load Factor values for spring 2024 BSC Season: 1 February appeal deadline
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.
Code Drafting in preparation for Market-Wide Half Hourly Settlement (MHHS)
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.
Impact of MHHS Programme Change Freeze on BSC Changes
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.
MHHS Qualification Plan presented to Suppliers and Supplier Agent representatives
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.
Changes to BSC Parties and Qualified Persons: November 2023
This page lists changes to the status of Balancing and Settlement (BSC) Parties and Qualified Persons in November. It includes information on any new qualifications and registrations, new market participants, withdrawals and defaults.
Consultation on the Risk Evaluation Register 2024/25
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 2024/25.
New BSC Service Status Dashboard
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.
Reduction of UMS MEM Error threshold from 2024 Quarter 1
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.
2024 dates for Elexon’s Introduction to the Energy Market seminar released
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.
Submission of Generation and Demand Capacity (GC/DC) for the Winter 2023 BSC Season
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.