Glossary

Settlement & Invoicing: News

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 Market Index Definition Statement Review 2023

Market Index Definition Statement Review 2023

The Market Index Definition Statement (MIDS) is annually reviewed by the BSCCo. on behalf of the BSC Panel, to ensure that the Market Index Price is providing a reasonable reflection of the price of wholesale electricity in the short term market.

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View Understanding Settlement Reports: a guide for BSC Parties

Understanding Settlement Reports: a guide for BSC Parties

For any Settlement Date and Settlement Run Type carried out in accordance with the Settlement Calendar, the Settlement Administration Agent (SAA) publishes Settlement Reports (known as SAA-I014 reports) to relevant industry parties. Whilst all Settlement Reports are built using the same data, there are slightly differing sub-flows of the SAA-I014 depending on the primary recipient. 

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View Why are there file sequence numbers missing for my SAA-I014 reports?

Why are there file sequence numbers missing for my SAA-I014 reports?

The SAA-I014 files are released daily to customers and a sequence number is assigned to each file. Some customers have been in contact with us regarding missing file sequence numbers, since the go-live of the new Settlement Administration Agent (SAA) service on Elexon Kinnect, our cloud platform. 

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View Why is my FAA Daily Advice Note showing a different total to my SAA data?

Why is my FAA Daily Advice Note showing a different total to my SAA data?

Greater precision

Our new Settlement Administration Agent (SAA) went live on our Kinnect Platform in June 2023. Since then, a small number of customers have asked why rounded numbers are used for trading charges invoiced by the Funds Administration Agent, (FAA) compared with figures that are reported by the SAA  reports.

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View Build up to go live of new Settlement Administration Agent

Build up to go live of new Settlement Administration Agent

As part of our  Elexon Kinnect programme we have been building a new Settlement Solution which replaces services of the Settlement Administration Agent (SAA) on our new cloud platform.

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View Issue 107: Consultation on Confirmation Notices

Issue 107: Consultation on Confirmation Notices

The Issue 107 Workgroup are seeking views from Trading Parties on its two preferred invoicing options.

View Understanding Applicable Balancing Services Volume Data for Secondary BM Units

Understanding Applicable Balancing Services Volume Data for Secondary BM Units

This article explains how Applicable Balancing Services Volume Data (ABSVD) is treated in Settlement for Secondary Balancing Mechanism (BM) Units. We are publishing this following a question from a VLP around why an Imbalance Charge was not calculated for them after National Grid ESO (NGESO) submitted ABSVD values for their Secondary BM Units.

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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 Give your feedback on the MHHSP Qualification tranche timeline

Give your feedback on the MHHSP Qualification tranche timeline

The draft Market-wide Half-Hourly Settlement Programme (MHHSP) Approach and Plan states that participants will be allocated to Qualification tranches in May 2024. The Code Bodies want your feedback on the allocation timeline and approach by Tuesday 2 May 2023.

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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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