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.
System Prices spike on 7 and 9 September 2021
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.
CAP consultation issued on 6 September on record level of £137/MWhRead More
We are consulting on an increase of the CAP to £137/MWh from the last notified value of £113/MWh.
Updated TAA COVID-19 working practices for site audits
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.
P350: Consultation on Methodology for Load Periods and Sample Settlement Periods 18 August 2021Read More
This consultation details the proposed methodology for setting Load Periods and Sample Settlement Periods used in the derivation of Zonal Transmission Loss Factors (TLFs), as required by the Balancing and Settlement Code (BSC).
CALF values winter season: November 2021 appeal deadline
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.
Credit Assessment Price to increase on 8 September 2021
Following consultation, the Credit Assessment Price (CAP) will increase from £96/MWh to £113/MWh, effective from Wednesday 8 September 2021.
Credit Assessment Price Consultation 9 August 2021Read More
We have issued a consultation paper on the value of the Credit Assessment Price (CAP). We are consulting on an increase of the CAP to £113/MWh from the current value of £96/MWh.
This consultation has now closed. See the outcome of the consultation.
MHHS Programme Governance Framework issued 30 July 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).
Board approves budget for MHHS implementation programme
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).
CAP increase announced for 3 August 2021
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.