BSC Insights – Imbalance and Settlement
Showing Insight articles on Imbalance and settlement.
Other Insight topics:
The electricity market | Code Governance and reforms | Supporting changes in the energy system | Managing the BSC | Customer service
BSC Insight: How to get more detailed metered volume data from our Insights Solution
Through the electricity Settlement process Elexon obtains metered volume data which shows the generation and demand volumes of electricity for each Balancing Mechanism Unit (BMU) on the system and whether this is an estimated or actual value. This data is included in our SAA-I014 report which covers all Settlement activity for every half hour, each day and it is easily accessible on our wholesale market data service the Insights Solution.
BSC Insights: The Insights solution puts data on the wholesale market at your fingertips
In this BSC Insight article by Reza Nia, Head of Analysis & Insight, explains why Elexon developed a new data service (the Insights Solution) and the benefits of it to BSC Parties and other stakeholders. All of the Insights Solution data is available to download for free.
BSC Insight: Update on Settlement Performance during the COVID-19 pandemic
In this Insight article, Mehdi Jafari provides an update on the Settlement Performance during the COVID-19 pandemic. This BSC Insight follows on from a previous BSC Insight we published to show how COVID-19 pandemic had affected suppliers’ performance in 2020.
BSC insight: How Covid-19 impacts Load Profiles
There are two different types of data that the Balancing and Settlement Code (BSC) requires for electricity Settlement; Half Hourly and Non Half Hourly. Electricity Settlement happens in Half Hourly periods, so Elexon uses the profiling process to calculate Half Hourly data from Non Half Hourly meters. In this Insight article, Mehdi Jafari discusses the Group Average Demand data used in the profiling process and the way it has been impacted by the COVID-19 pandemic.
BSC Insights: The ways P350 has changed allocation of Transmission Losses
In this Insight article, Mehdi Jafari considers the way implementation of Modification P350 changed the allocation of Transmission Losses.
BSC Insights: How Covid-19 has affected estimated data in Settlement
We monitor Supplier Performance in relation to the volume of estimated and actual data in Settlement. In this insight article, our Analysis and Insight Delivery Lead, Emma Tribe looks at the impact COVID-19 had on Supplier Performance during the first lockdown.
Insights: Update on Demand Reduction during COVID-19 lockdown
In this Insight, our Data & Insight Analyst, Nick Baker provides an update to the reduced electricity demand during lockdown article with the latest findings. The new graphs can be used to track electricity demand changes in Great Britain as COVID-19 restrictions start to ease.
Insights: Electricity demand down by 17% during COVID-19 lockdown
Measures put in place by the UK Government to control the COVID-19 outbreak have resulted in electricity demand falling sharply in the GB electricity market, according to Elexon data estimates. In this Elexon Insight, our Data & Insight Analyst, Nick Baker investigates the scale of the demand reduction.
Insights: Low CO2 fuel sources powered 2019
Nearly half of all the electricity generated in Great Britain in 2019 was generated by low CO2 generation. In this Elexon Insight, our Market Advisor Emma Tribe uses electricity generation data to show how 2019 was powered demonstrate how the electricity market is on the road to Net Zero.
BSC Insights: Sub-zero electricity prices in December
Too much electricity generation in Great Britain pushed prices sub-zero for 13 hours. Occurring on the night of 7 December and morning of 8 December, BSC Parties were paid to consume energy. In this Elexon Insight our Market Advisor, Emma Tribe, uses Elexon’s open data from BMRS to explain why the prices were negative.
BSC Insights: How we can streamline the Modification Process
Published: November 2019 Based on our latest Policy View, Elexon could deliver ‘quick wins’ to bring about a faster, more consistent process for making changes to the 11 energy industry […]
BSC Insights: Interconnector flows in and out of Great Britain
Great Britain is connected to the rest of Europe through five interconnectors with a combined capacity of 5,000MW. So far this year 9.2% of Great Britain’s energy demand has been […]
BSC Insights: Identifying Settlement risks just got easier
Published: October 2019 We have listened to concerns of BSC Parties and we’ve implemented two major changes that will help Settlement risk and error. Managing the Settlement process Managing […]
BSC Insights: What is Driving Increases in Electricity Imbalance Volumes?
Daily average Energy Imbalance volumes have doubled between 2014 and 2019. In this Elexon Insight, one of our Business Intelligence Analysts, Emma Tribe, investigates the drivers behind the increase in […]
BSC Insights: Imbalance Charging, where does the money go?
In this Elexon Insight one of our Business Intelligence Analysts, Emma Tribe, explains energy imbalance cash flow and how leftover amounts are redistributed among BSC Parties. This article highlights how we calculate payments that come into Elexon and how, as a not-for-profit organisation the way they are calculated means we receive no financial gain.
Published: June 2019
BSC Insights: Imbalance Prices go negative on 24 March 2019
The 24 March 2019 saw the longest continuous period of negative Imbalance Prices since a single Imbalance Price was introduced in November 2015. In this article Emma Tribe explains what negative Imbalance Prices are, when they have been occurring, and what Elexon’s data shows about the trends.
BSC Insights: Imbalance Prices with new CADL and DMAT
Emma Tribe’s insight article highlights the potential impact of changes to the De Minimis Acceptance Threshold and the Continuous Acceptance Duration Limit which take effect on 1 April 2019. The […]
BSC Insights: What’s the impact of changing DMAT and CADL?
Elexon are currently consulting on two Imbalance Price Calculation parameters. Emma Tribe’s insight article highlights the potential impact on prices of changing the De Minimis Acceptance Threshold (DMAT) and the […]
BSC Insights: Audit results suggest issues for TAA Inspection Visits
Kat Higby and Jason Jackson recap on the concerns raised during the Performance Assurance Board (PAB)’s review of Technical Assurance Agent (TAA) Inspection Visits for 2017/18. The findings indicate that […]
BSC Insights: The Imbalance Price Olympics
Emma Tribe’s article highlights how the Imbalance Price made a high jump on 17 May 2017 as it rose above £1,000/MWh between 15:30 and 17:00. The high prices seen in […]