025 SVA Risk: Virtual Lead Parties
This page outlines the risk that Balancing Services provided by Virtual Lead Parties and Suppliers allow error to enter Settlement, such that the energy volumes required for Settlement are incorrect or missing resulting in Erroneous or missing data in Settlement.
How it relates to you
Parties responsible for risk factors
- Virtual Lead Parties
- Suppliers
- Supplier Meter Registration Service
Parties responsible for operating controls
- Virtual Lead Parties
- Suppliers
- Supplier Meter Registration Service
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 missing data in 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.
- Delivered Volumes data submission to the SVAA is inaccurate or incomplete
- Data is submitted outside of BSC timescales
- AMSID pairs have not been correctly or accurately registered (Allocated) with MPAS
Potential solutions
Parties responsible for operating controls should take note of the information below. The information below 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.
Further information
Risk Evaluation Register sets out further detailed information on the noted controls. Details can be found under Associated Documents.
Support and training
Operational Support Managers (OSMs) are able to help with further information or training on this Risk and associated processes.