Glossary

006 SVA Risk: Incorrect Meter detail transfer on change of agent

This page outlines a change of agent, Meter Technical Details are not transferred or processed correctly or at all, such that parties do not use the latest Meter Technical Details resulting in Erroneous or estimated data in Settlement

Diagram of SVA Risk 006: Incorrect Meter detail transfer on change of agent
Diagram of SVA Risk 006: Incorrect Meter detail transfer on change of agent

How it relates to you

Risk 006 impacts all meters in the SVA market.

Parties responsible for risk factors

  • Supplier
  • Meter Operator Agent

Parties responsible for operating controls

  • Supplier
  • Meter Operator Agent
  • Data Collector

Risk 006 forms part of the Meter change of agent 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.

  • Meter Technical Details were not received from a previous appointment on a Change of agent
  • MTDs require manual input to allow transfer which is not completed in timescales or at all
  • MTDs that failed validation checks are not resolved e.g. inconsistencies with other data flows
  • Primary Supplier does not send up to date Allocation Schedule to HHDC

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. Parties responsibilities are outlined in BSC Section L: Metering.

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: £2.8 Million
  • Upper Impact: £7.25 Million
  • Volatility: Medium

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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