List of BSC Insights
BSC Insights: Highest System Price in 19 years
The System Price reached £2,242/MWh and £1,708/MWh in the early evening of Wednesday 4 March 2020. This was the first instance of the System Price being over £2,000/MWh since 2001. In this Elexon Insight our Market Advisor, Emma Tribe explains how the System Price was calculated and how it compares to historic System Prices.
Insights: The electricity industry – ten years of change
The 2010s were a period of significant change for both Elexon and the wider industry. The shifts seen during the span of ten years were both unprecedented and unpredicted. Elexon provides a wealth of data to industry via the Balancing Mechanism Reporting Service (BMRS), Elexon Portal and through data flows. Using some of this data we have created four graphs that reflect on significant changes to generation, demand and balancing between 2010 and 2019.
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: How flexibility markets could help trade in unused electricity and spare network capacity
Elexon is proposing that nationwide electricity ‘flexibility platforms’ are set up so that offers to provide ‘demand-side response’, or output from electricity storage facilities can be traded easily.
The buyers of storage output or demand-side response (DSR) services could include local electricity Distribution Network Operators (DNOs) suppliers and businesses.
Published: October 2019
BSC Insights: Independent analysis backs the case for code reforms
Angela Love, Director of Strategy and Communications at Elexon, discusses analysis which Elexon commissioned from consultants, Cornwall Insight on options for reforming the energy codes. Published: July 2019 Options for […]
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 […]