List of homepage news articles
This page lists all of the news articles we have produced over the last year. Any news articles older than 1 year are removed from the website as they will have concluded their designated lifecycle. Please contact us if you are looking for specific information on any subjects we have covered.
CAP decreases to £54/MWh from 23 March 2021
The CAP (Credit Assessment Price) will decrease to £54/MWh from the last notified value of £64/MWh on Tuesday 23 March 2021.
Ground-breaking Modification to support net zero is approved
Energy regulator Ofgem has approved BSC Modification P375 a ground-breaking change to the Balancing and Settlement Code (BSC) which will allow individual Asset Meters located ‘behind the boundary point’ to be used for Settlement purposes.
Video: BSC Change on their updated ways of working
The BSC Change team have published a new video outlining the changes to their ways of working they have made in the last year. This is based on feedback they received from BSC Parties.
Elexon proposes reforms to System Operator roles and code arrangements
Elexon has set out options for a single energy code body to work alongside a reformed System Operator (SO) in their new policy, ‘Reforming the System Operator Roles and Code Arrangements’. This approach will allow better management of the energy system on the road to net zero.
Balancing and Settlement Code sandbox now available for innovators
Today sees the launch of a new support service where innovators from new and existing companies can trial products and services which could transform the electricity sector
Have your say – proposal to use the BSC Sandbox
You have the chance to take part in Elexon’s consultation on the first proposal to use the new Balancing and Settlement Code (BSC) Sandbox.
Approval of Modification P398 increases access to BSC data
Ofgem has approved Modification P398 ‘Increasing access to BSC Data’ for implementation on 24 June 2021. P398 will amend the BSC so that all data is assumed open unless there is a reason otherwise and will not directly impact any market participants. BSC Parties and non-BSC Parties will be able to apply for data under a new process introduced by this Modification. This Modification will better align the BSC with moves towards a smarter energy system.
CAP decreases to £30/MWh from 16 April 2020
On Thursday 16 April 2020, the CAP value will decrease from £36/MWh to £30/MWh.
CAP increases to £64/MWh from 23 February 2021
The Credit Assessment Price (CAP) will increase to £64/MWh, effective from Tuesday 23 February 2021.
First week of operation for new UK-France interconnector
The new 149-mile interconnector, Interconnexion France-Angleterre 2 (IFA2), that runs between the UK and France has been operational for one week. Linking the Hampshire and Normandy coastlines, the interconnector has been importing and exporting clean electricity between GB and Europe since 20:30 on 22 January 2021.
Elexon Kinnect Customer Solution goes live
The new self-service gateway element of our new digital platform – the Elexon Kinnect Customer Solution – is now live.
Ofgem proposes that Elexon is owner for MHHS implementation
Ofgem has today, 22 January 2021, published its consultation on implementation principles for Market-wide Half Hourly Settlement (MHHS) in which it explains its ‘plan to clearly place responsibility for management and delivery of the programme with industry.’
Have your say regarding ‘Meter Splitting’ Proposal
A Cost Benefit Analysis (CBA) consultation for P379 ‘Multiple Suppliers through Meter Splitting’ has been issued by the BSC Panel. We are asking you to get involved by completing our consultation for P379.
System Prices spike due to ‘Beast from the East 2’
System Prices reached or exceeded £1,000/MWh on seven occasions from 6 to 8 January due to cold weather brought on from the ‘Beast from the East 2’.
CAP increases to £62/MWh from 27 January 2021
The CAP will increase to £62/MWh – not the proposed £60/MWh – on Wednesday 27 January 2021.
Final Elexon business plan for 2021/22 published
Elexon has published the final version of its business plan for 2021/22, following feedback from the BSC Panel and BSC Parties. We thank everyone that provided feedback on the plan. Elexon’s board discussed this in detail at its February 2021 meeting. The feedback was also presented to the BSC Panel at its February meeting.
BMRS approved as the Reporting Service for Great Britain
Ofgem has designated the Balancing Mechanism Reporting Service (BMRS) as the Reporting Service for Great Britain in an open letter on the 4 January 2021.
Customer survey shows appreciation of our support during COVID-19
The results of Elexon’s 2020 annual customer survey sees improvements in a number of our core services and highlights that the support we have provided our customers during COVID-19 was appreciated.
Large scale change to Market Domain Data
Find out the latest updates for 28 September 2020 regarding the submission of Market Domain Data (MDD) Plan for Ofgem’s Targeted Charging Review (TCR).
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).