Glossary

Operational Practices: News

View MHHS: Pre-Qualification Submission Window Open

MHHS: Pre-Qualification Submission Window Open

The pre-qualification submission window for Market-wide Half Hourly Settlement (MHHS) participation has been opened today (5 February) and final submissions must be provided by 26 April 2024.  

Non-System Integration Testing (SIT) Suppliers, Supplier Agents and Meter Equipment Managers, New Entrant LDSO Programme Participants are required to provide a Pre-Qualification Submission for MHHS Qualification.

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View MHHS Qualification Plan presented to Suppliers and Supplier Agent representatives

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.

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View New BSC Service Status Dashboard

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.

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View Watch the webinar on Low Power Instrument Transformers and their potential use in Settlement Metering Systems

Watch the webinar on Low Power Instrument Transformers and their potential use in Settlement Metering Systems

Elexon’s Metering Team recently hosted a webinar where Siemens Energy gave a presentation on a new type of technology that has the potential to be used within Settlement Metering Systems, Low Power Instrument Transformers (LPITs).

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View Changes to how some BSC Portal reports are accessed

Changes to how some BSC Portal reports are accessed

The following datasets will no longer be published on the following Elexon BSC Portal pages from Thursday 4 May 2023. This is due to the internal migration of our Settlement Administration Agent (SAA) system. However, replacement pages have been created to enable you to access the datasets.

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View Register an interest in the Network Gas Supply Emergency Settlement Validation Committee

Register an interest in the Network Gas Supply Emergency Settlement Validation Committee

Elexon is inviting industry participants to register their interest in joining the Network Gas Supply Emergency Settlement Validation Committee (NGSESVC). Please note that there is no immediate requirement for this committee.

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View Further update on monitoring of the meter stock shortage, driven by global materials availability and supply chain challenges

Further update on monitoring of the meter stock shortage, driven by global materials availability and supply chain challenges

Due to a global shortage of materials and disruption of global supply chains, there is a shortage of semi-conductors among other crucial components, which impacts the ability for Meter manufacturers to produce and supply electricity Meters, including those required for Settlement under the BSC.

This shortage of Settlement Meters impacts on new connections and fault resolution in both the Supplier Volume Allocation (SVA) and Central Volume Allocation (CVA) markets, and consequently impacts the integrity and accuracy of Settlement.

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View Decommissioning the TIBCO Service in March 2024

Decommissioning the TIBCO Service in March 2024

We have written to users of the TIBCO software service and the High Grade communications line about our intention to decommission them in March 2024.

The TIBCO software and the High Grade line supply users with near real time updates on wholesale market data from our Balancing Mechanism Reporting Service (BMRS).

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View Treatment of De-energised Metering Systems in Charging Data Reported to National Grid

Treatment of De-energised Metering Systems in Charging Data Reported to National Grid

We implemented the P402 Alternative Modification ‘Enabling reform of residual network charging as directed by the Targeted Charging Review’ in the February 2022 Balancing and Settlement Code (BSC) Release.  

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View Elexon to administer payments to Suppliers for the Government’s energy price guarantee

Elexon to administer payments to Suppliers for the Government’s energy price guarantee

Following the approval of Balancing and Settlement Code Modification (BSC) P446 ‘Energy Price Guarantee Scheme for domestic customers’ by Ofgem, Elexon is pleased to have been appointed as Scheme Administrator.

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View How we’re helping to spot GSP metering errors sooner

How we’re helping to spot GSP metering errors sooner

In the past eight years, we have identified five Grid Supply Point (GSP) Metering errors, equal to around 1.4% of the total number of GSP Meters. These errors have caused energy to be recorded incorrectly. As any unaccounted energy is allocated to BSC Parties through GSP Group Correction and Transmission Losses, such metering errors can present a large impact on the allocation of energy and therefore the accuracy of Trading Charges to BSC Parties.

We are publishing a beta version of our GSP change-point detection model to gather feedback from participants and help us identify other areas where central analytics and reporting could support industry in mitigating risks to Settlement.

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View Ofgem confirms Elexon will operate key IT data platform to support MHHS

Ofgem confirms Elexon will operate key IT data platform to support MHHS

Yesterday (21 April) Ofgem confirmed that the Balancing and Settlement Code will be used to govern and fund the new Data Integration Platform (DIP) to support Market-wide Half Hourly Settlement (MHHS). This means that Elexon will manage the DIP service provider, which is currently being procured through the MHHS Programme.

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View Elexon Kinnect: our cloud native digital platform explained

Elexon Kinnect: our cloud native digital platform explained

A new interactive publication is available called Elexon Kinnect: Our cloud native digital platform explained. It explains how the three elements of Kinnect – the Customer, Settlement and Insights Solutions – work, and the benefits that each will realise.

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View Video about Kinnect Settlement Solution

Video about Kinnect Settlement Solution

Here you can watch a video about the Kinnect Settlement Solution that will handle our core balancing and settlement operations. Elexon Kinnect Settlement Solution forms the “engine” of our digital platform and will run our day-to-day settlement and invoicing operations. The video is introduced by Mark Bygraves, the Elexon CEO, and details of the Settlement Solution are presented by Peter Stanley the Director of Digital Operations.

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View BSC Insight: Update on Settlement Performance during the COVID-19 pandemic

BSC Insight: Update on Settlement Performance during the COVID-19 pandemic

In this Insight article, Mehdi Jafari  provides an update on the Settlement Performance during the COVID-19 pandemic. This BSC Insight follows on from a previous BSC Insight we published to show how COVID-19 pandemic had affected suppliers’ performance in 2020.

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View BSC Insight: the impact of Trading Charges in 2020/21

BSC Insight: the impact of Trading Charges in 2020/21

In the 2020/21 financial year, the absolute cashflow for BSC Trading Charges was £2.96bn. This was the most cashflow settled in a financial year. In this BSC Insight our Analysis and Insight Senior Product Analyst, Emma Tribe, explains how BSC Trading Charges are settled by Elexon.

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View BSC Insight: Increasing costs for balancing the GB System

BSC Insight: Increasing costs for balancing the GB System

The Electricity System Operator (ESO) plays an essential role in balancing supply and demand using the Balancing Mechanism (BM). Matching supply and demand requires payments to be made between the ESO and participating consumers and generators. Consumers and generators submit prices for volumes of energy they can provide within a half-hour period (Settlement Period) to balance the system. In this Insight article, analyst Angus Fairbairn looks at balancing costs of ESO since 2015. 

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View BSC Insights: a review of 2020

BSC Insights: a review of 2020

COVID-19 dominated the news in 2020; however, it was not all that happened. In this article, the Analysis and Insight team review 2020 and focus on the consistencies and inconsistencies witnessed. They use BMRS data to review the Fuel Mix, the make-up of BSC Parties, the Energy Imbalance Volume, and the overall electricity demand. While all of these were impacted by COVID-19, the data also demonstrates some consistencies with previous years despite COVID-19’s impact.

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View BSC Insight: Impact of COVID-19 on smart meter installations

BSC Insight: Impact of COVID-19 on smart meter installations

The restrictions introduced in 2020 to curb the spread of COVID-19 have provided unprecedented challenges for Suppliers as they continue to install smart meters. In this Insight article, our Analysis and Insight Analyst Hussein Osman, reviews the installation rates of Smart Metering Equipment Technical Specifications SMETS2 meters before, during, and after the March to June and November to December 2020 lockdowns.

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View BSC Insights: Great Britain’s first coal-free Christmas occurs in 2020

BSC Insights: Great Britain’s first coal-free Christmas occurs in 2020

Mehdi Jafari investigates the electricity generation and demand over the Christmas period 2020.

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