Glossary

016 SVA Risk: Energisation Status incorrect

This page outlines the Risk that the energisation status held in SMRS or by any Party in the Supplier Hub does not match the physical energisation status of the SVA Metering System.

Diagram of 016 SVA Risk: Energisation Status
Diagram of 016 SVA Risk: Energisation Status

How it relates to you

This risk can affect all sites. It is most likely to occur following changes to a metering system.

Parties responsible for risk factors

  • Licensed Distribution System Operator
  • Meter Operator Agent
  • Supplier
  • Non-Performance Assurance Parties

Parties responsible for risk controls

  • Data Collector
  • Supplier
  • Data Aggregator
  • Non-Performance Assurance Parties

Risk 016 forms part of the registration 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.

  • Failure to notify of energisation status / change to energisation status (e.g. notification from Licensed Distribution System Operator or Meter Operator Agent to Supplier hub, Supplier to Supplier Meter Registration Service and SMRS to Data Aggregator)
  • Incorrect notification of change to Energisation Status
  • Failure to process notification of the Energisation Status (e.g. LDSO logically disconnects erroneously, failure to process flows related to registration updates)

Potential solutions

Parties responsible for operating controls should take note of the information below. This identifies the BSC Sections and Procedures relating the 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: £14 Million
  • Upper Impact: £31 Million
  • Volatility: High

In order to calculate the impact this risk has on your Party, 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 documents outline the methodology used to assess the Settlement Risk related to Agent appointments.

My BSC

Click on the X next to any of the icons to replace them with a short-cut link to the page you are currently on or search for a specific page.

List of Insights

Circulars

BSC training services

Market Entry

Charge Codes and Switch Regimes

Add New

×

Or