List of homepage news articles

On Tuesday 7 September, System Prices peaked at £3,403.70/MWh and remained above £2,900/MWh for an hour and a half. Wholesale gas and electricity balancing volumes prices have been increasing this summer due to colder summer weather, low wind generation and reported shortages of gas.

As of 19th July 2021, the government no longer instructs people to work from home. Therefore, with authorisation from our customers we plan to restart on site audits. The Technical Assurance Agent (TAA), currently C&C Group Holdings Ltd, have updated our procedure and practices and these must be followed by all staff when working off site in order to minimise risk to themselves and others.

If you are the Lead Party of a non-Credit Qualifying Balancing Mechanism Unit (BMU), you can appeal an assigned CALF value if you believe it does not accurately represent your expected activity.

Following consultation, the Credit Assessment Price (CAP) will increase from £96/MWh to  £113/MWh, effective from Wednesday 8 September 2021.

Today Elexon, on behalf of the MHHS Programme (Implementation Manager), is publishing a consultation on the details of the proposed MHHS Programme governance framework on the BSC website (in lieu of the MHHS Programme’s website going live).

Elexon is managing the implementation of the industry-led MHHS Programme and as such is the Senior Responsible Owner and Programme Manager. Elexon’s Board has approved a budget of £14.5m for the first year (2021/22) of the implementation programme for Market-wide Half Hourly Settlement (MHHS).

On Tuesday 3 August 2021, the CAP value will increase from £77/MWh to £96/MWh.

The CAP review trigger level value will also increase to +/- £10/MWh.

On 5 July 2021 we published a consultation on the transition and migration approach that the Code Change and Development Group (CCDG) has developed to support implementation of Market-wide Half Hourly Settlement (MHHS). We hosted a webinar about the consultation on 7 July.

The Performance Assurance Board (PAB) has recently announced changes to the mandatory status of Desktop Audits, Central Volume Allocation and Supplier Volume Allocation onsite Inspection Visits.

Please note that this issue has now been resolved

• More information is available in Elexon Circular EL03332

On 14 June 2021 we published the Architecture Working Group’s (AWG) recommendation to Ofgem that ‘event-driven’ reference architecture is developed to support Market-wide Half Hourly Settlement (MHHS) implementation. 

The three-month notice period required to end the COVID-19 Supplier derogations begins on 1 July. The Performance Assurance Board (PAB) made this decision at its meeting on 24 June 2021, taking into account feedback from industry and the loosening of COVID-19 restrictions.

The PAB believe that there is now a reasonable level of confidence that Government restrictions which significantly impact Settlement operations have concluded. In particular, whilst some restrictions do remain in place, very few business premises are now required to remain closed.

From 24 June 2021 individuals can request that BSC data is made openly available, regardless of whether or not they are a BSC Party.

Our annual BSC seminar takes place from 14:00 to 16:00 on 8 July 2021, where you will hear from the Energy Minister and other senior industry figures. Elexon’s senior leadership team will be providing an overview of our performance over 2020/21 and explaining how we have supported progress to net zero. You will also be able to vote to appoint the Board Directors.