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.
Virtual Lead Parties could trade in the wholesale market
Elexon is calling for volunteers to join a new Workgroup to assess a Balancing and Settlement Code Modification proposal allowing Virtual Lead Parties to trade electricity from demand-side response (DSR) providers directly in the wholesale electricity market.
COVID-19: Suspension of EFR Process, Supplier Charges and more
An updated message from Mark Bygraves, CEO.
COVID-19: BSC Performance Assurance Board (PAB) approves further derogations
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.
Changes to Settlement metering for a more flexible system
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.
BSC Panel Election 2020 – new panel elected
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.
Market Index Definition Statement Review 2020 – consultation open
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.
Settlement Adjustment after Demand Control Events
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.
Annual BSC Meeting – highlights
On Thursday 10 September 2020, Elexon hosted the first ever virtual annual BSC Meeting and Seminar.
More electricity market data is now available
As part of the commitment to improving access to electricity market data, we have now made more electricity Settlement data available.
Board Directors – re-appointment and re-election
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.