Settlement & Invoicing: News

Between 27 January 2023 and 24 September 2023, the Supplier Volume Allocation Agent (SVAA) issued incorrect Daily Profile Coefficients (DPCs) to Non Half Hourly Data Collectors (NHHDCs) on 85 Settlement Days.

Estimates of Annual Consumption (EAC) and Annualised Advances (AAs) calculated by NHHDCs using these inaccurate Coefficients were incorrectly apportioning the volume to each Settlement Period.

Elexon has identified an error in Settlement volumes attributed to a windfarm located in GSP Group _G.

Elexon has completed the migration of all Balancing Mechanism Reporting Service (BMRS) datasets and functionalities that were in scope to be built onto the Insights Solution platform.

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.

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.

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. 

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. 

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.

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.

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.

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.

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.

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.