Glossary

002 SVA Risk: Metering System Attributes are incorrect

This page outlines the risk that SVA Metering Equipment is installed, programmed or maintained incorrectly including where Commissioning is performed incorrectly or not at all resulting in Erroneous or estimated in Settlement

Diagram of SVA Risk 002: Metering System Attributes
Diagram of SVA Risk 002: Metering System Attributes

How it relates to you

Risk 002 impacts all meters in the SVA market.

Parties responsible for risk factors

  • Supplier
  • non-Performance Assurance Parties

Parties responsible for operating controls

  • Supplier
  • non-Performance Assurance Parties

Risk 002 forms part of the Registrations and Appointments process shown in the Risk Visualisation Tool.

Potential causes

Potential causes, or as they known in the Risk Evaluation Register: Risk Factors are the points of failure that could result in erroneous or estimated data entering Settlement.

Elexon has identified a number of typical failure points related to this risk, parties should note the list is non-exhaustive, and not all risk factors are applicable to every role type.

  • Supplier registers incorrect attributes in the Supplier Meter Registration Service
  • Supplier notifies Data Collector of wrong attributes (D0052 & D0289)
  • SMRS notifies Data Aggregator of wrong attributes (D0209)
  • SMRS does not process updates to Metering System attributes correctly or at all

Potential solutions

Parties responsible for operating controls should take note of the information below. This identifies the BSC Sections and Procedures relating the risk.

Parties should understand their responsibilities in relation to this risk.

Review the processes outlined in the following BSCPs and ensure that internal processes match the requirements:

Impact of this risk on the industry

This graph highlights the probability distribution of this risk and cost incurred to the industry when a risk manifests over the course of a year

  • Impact: £318k
  • Upper Impact: £927k
  • Volatility: Low

In order for you (a party) to calculate the impact this risk has on your party, please multiply your market share by the impact as outlined above.

Probability graph

Further information

Risk Evaluation Register sets out further detailed information on the noted controls.

Support and training

Operational Support Managers (OSMs) are able to help with further information or training on this risk and associated processes

Methodology used for this risk

The following document outlines the methodology used to assess the Settlement Risk related to the retrieval of metered data.

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