Performance Assurance Framework Review
The current Performance Assurance Framework (PAF) provides for a flexible, integrated approach to the deployment of techniques. ELEXON and the Performance Assurance Board (PAB) have become aware of opportunities to further enhance the application of the risk-based PAF envisaged in P207 ‘Introduction of a new governance regime to allow a risk based Performance Assurance Framework (PAF)’ to be utilised and reinforce the effectiveness of the current PAF’, to address the challenges of a changing industry. Subsequently, a review of the PAF was agreed as an element of the 2016/17 Panel Strategic Work Programme.
At its March 2017 meeting, the BSC Panel approved the scope and delivery approach of the PAF review (264/07) , which has been divided into the following four work streams.
- Smart Metering;
- PAF procedures;
- Data Provision; and
- Performance Assurance Techniques.
This issue group will explore the issues with PAF stakeholders, identify possible solutions and to specify requirements.
In order to be able to address the four work streams, ELEXON proposed to hold approximately two Workgroups for each of the four work streams.
The first PAF Issue Group meeting related to the smart Metering work stream. This work stream focused on the immediate risks to Settlement presented by the mass roll-out of smart Meters. It investigated whether any targeted assurance work should be undertaken to assess and mitigate negative impacts on Settlement.
The first PAF Issue Group meeting relating to the smart Metering work stream was held on 25 April 2017 and focused on smart Metering. The meeting was run as an interactive workshop, with the objective to create a smart Metering risk register and consider the lessons learned from SMETS1 and P272. The second meeting was held the 24 May 2017. This meeting focused on risk mitigation and PAF changes. The interim Issue 69 report was then presented to the BSC Panel on 13 July 2017.
Following the presentation of the interim Issue 69 report to the Panel, ELEXON have continued to progress the smart workstream. ELEXON expect to send out documentation for Workgroup comment on the smart risk quantification at the beginning of October and proposed mitigations at the beginning of November, before taking them to the PAB by the end of the year.
In respect of the other work streams, ELEXON will be presenting our plan to the September PAB meeting; following that meeting we will be able to provide a provisional timetable for further Issue 69 Workgroup meetings and document reviews.