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.
Kinnect Customer Solution: New Account Management features from 20 June 2022
We have been working on changes to the Elexon Kinnect Customer Solution which delivers functional enhancements to the contacts, authorised signatories, addresses and bank details elements of the Elexon Kinnect Customer Solution. These changes are usable from 20 June 2022 and provide benefits for existing customers and new market entrants.
Progress on our new digital platform
The latest circular from the Board to BSC Parties highlights that delivery of system changes to support GB participation in Project TERRE (Trans European Replacement Reserve Exchange, amongst other highlights.
New TLFA-I014 Data for Summer 2022 on the Elexon Portal
Following the Grid Supply Point (GSP) Group Metering Issues identified in GSP Groups _C and _J, Elexon has looked at further impacts the corrected data could have on Settlement processes.
After completing some additional analysis, we identified that there were some impacts on Transmission Loss Factors (TLFs). These impacts were small, mostly affecting the Summer 2022 period.
Data Release Consultation: Data Relating to Default Funding Share (DR343096)Read More
Seeking views from industry on data requests received, prior to the Balancing Mechanism Reporting Service Change Board (BCB) making a determination on whether to release requested data.
Elexon Kinnect Insights Solution now available
We have been developing an exciting new data and insights platform, the Elexon Kinnect Insights Solution, which builds on our existing Balancing Mechanism Reporting Service (BMRS) to offer a richer and more detailed data service for GB electricity.
Credit Assessment Load Factor (CALF) values for the Autumn 2022 BSC Season available
The Credit Assessment Load Factor (CALF) values for the Autumn 2022 BSC Season, which runs from 1 September 2022 to 30 November 2022, are available from the Credit/Credit Alerting section under the Financial and Credit menu on the Elexon Portal.
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 by Monday 1 August 2022.
PAB approves changes for monitoring Settlement performance standards
At its May 2022 meeting, the Performance Assurance Board (PAB) undertook a review of its approach to managing the Settlement Performance standard. The PAB has approved two changes to the Settlement Performance Standard.
Consultation: Credit Assessment Price change to £190/MWh from 1 June 2022Read More
This page gives details of a consultation on revising the Credit Assessment Price (CAP) to £190/MWh from 1 June 2022. This two-day consultation will close at 17:00 on 17 May 2022.
Outcome
The Credit Committee held a meeting today, 30 May 2022, and decided to postpone the implementation date of the last notified CAP of £190/MWh. It was due to go live on 1 June 2022 but this has now been postponed to 1 July 2022.
- Elexon Circular EL035897
Previous decision
On Wednesday 1 June 2022, the CAP value will increase to £190/MWh from the current CAP of £177/MWh. As a result, Parties may notice a change in their Credit Cover Percentage and should review the amount of Credit Cover lodged.
- Elexon Circular EL03586
Gearing up for go-live of faster switching reforms
Elexon is helping the industry to get set for the go-live of the Central Switching Service (CSS) this summer as part of Ofgem’s Switching Programme.
The CSS, which will be governed by version 3.0 of the Retail Energy Code (REC), will provide a single, dual fuel switching process for gas and electricity. The aim is to make switching faster and more reliable.
Update on investigations into Settlement errors at two GSP groups
Elexon has been investigating errors in Settlement related to two Grid Supply Point (GSP) Groups: South Eastern GSP Group (Group _J); and London GSP Group (Group _C). This follows our continued monitoring of the Annual Demand Ratio (ADR).