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June 2017 System Price Analysis Report published

Posted: 19 June 2017

The System Price Analysis Report (SPAR) is our monthly report on Imbalance Pricing, and includes an overview and analysis of the previous month’s prices and pricing parameters. The SPAR aims to increase industry understanding of pricing, in light of the changes made as part of BSC Modifications P305 ‘Electricity Balancing Significant Code Review developments’ and P323 ‘Enabling inclusion and treatment of SBR in the Imbalance Price’ implemented in November 2015.

The June 2017 report is now available on the Operations Reports page of our website. This month’s SPAR includes detailed analysis on System Prices on 17 May 2017, when System Prices rose to £1,510/MWh during Settlement Period 33. This high price was due to accepted buy actions priced over £1,000/MWh between Settlement Periods 32 to 35.

If you want to keep up to date with ELEXON’s pricing analysis, SPAR is published monthly on the Operations Reports page of our website.

For further information, please email market.analysis@elexon.co.uk.