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 2022/23 consultation
We invite you to comment on the Risk Operating Plan (ROP) for 2022/23. The ROP provides an overview of planned activities undertaken by the Performance Assurance Administrator (PAA) as part of the Performance Assurance annual cycle.
P432 Assessment Procedure Consultation
This Modification proposes to align the BSC definition of an Advanced Meter with that in the Standard License Conditions (SLC) and to set explicit Half Hourly (HH) Settlement obligations for Current Transformer (CT) Advanced Meters ahead of the migration to Market-wide Half-Hourly Settlement (MHHS).
Consultation on CAP decrease to £215/MWh from 8 April 2022
This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £215/MWh. This two-day consultation will close at 17:00 on 24 March 2022.
Please note the last notified CAP value of £250/MWh will still go ahead on 1 April 2022.
Outcome
On Friday 8 April 2022, the CAP value will decrease to £215/MWh. As a result, Parties may notice a change in their Credit Cover Percentage and should review the amount of Credit Cover lodged.
- Circular EL03554
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.