Trading Charges: News
Enhancing our customer enquiry processes using Elexon Support
In our recent customer feedback survey, a number of customers expressed the need for a more efficient and streamlined process to submit and track enquiries and concerns related to the BSC and its services.
We’ve taken this feedback on board and have been working on an enquiry management tool called Elexon Support. Elexon Support will provide you with a centralised platform to easily manage your interactions with us.
Reconciliation charges to be introduced at next Settlement Run
National Grid ESO has resubmitted Balancing Services Adjustment Actions (BSAA) and Balancing Services Adjustment Data (BSAD) files for multiple settlement dates throughout 2021. The period covers January through to November 2021 and is across 69 distinctly impacted Settlement Periods.
Change to Confirmation Notices relating to Shortfall
The energy industry is currently experiencing unprecedented and challenging market conditions. For that reason Elexon has been scrutinising the receipt and payment of Trading Charges (otherwise known as Imbalance Charges) by BSC Parties.
BSC Insight: the impact of Trading Charges in 2020/21
In the 2020/21 financial year, the absolute cashflow for BSC Trading Charges was £2.96bn. This was the most cashflow settled in a financial year. In this BSC Insight our Analysis and Insight Senior Product Analyst, Emma Tribe, explains how BSC Trading Charges are settled by Elexon.
Changes to SAA Settlement Report (SAA-I014)
From the 1 April 2020, Elexon will stop production and cease support of SAA-I014 (V008). BSC Parties who currently receive SAA-I014 (V008) must ensure their systems are updated to receive either SAA-I014 (V009) or (V010).