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.
Credit Assessment Load Factor values for spring 2024 BSC Season: 1 February appeal deadline
The Credit Assessment Load Factor (CALF) values for the spring 2024 BSC Season, which runs from 1 March 2024 to 31 May 2024, 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 BMU, you can appeal an assigned CALF value if you believe it does not accurately represent your expected activity.
Impact of MHHS Programme Change Freeze on BSC Changes
The Market Wide Half-Hourly Settlement (MHHS) Programme has implemented a Programme Change Freeze. This means that any BSC Changes that require changes to the MHHS design or MHHS code drafting (via a MHHS Change Request) are likely to have their implementation postponed.
Consultation on the Risk Evaluation Register 2024/25Read More
We invite you to respond to the consultation on the Risk Evaluation Register (RER) which sets out potential Risk events and the affect they would likely have on the Settlement Risks during 2024/25.
MHHS Qualification Plan presented to Suppliers and Supplier Agent representatives
Code Bodies presented the MHHS Qualification Plan to Suppliers and Supplier Agent representatives in an extraordinary Qualification Working Group (QWG) meeting on Monday 27 November.
The Qualification Plan provided the current position for Supplier and Supplier Agent Qualification alongside the Qualification Approach & Plan (QAP) and the Qualification Assessment Document (QAD) timelines.
New BSC Service Status Dashboard
We have launched the new BSC Service Status Dashboard today (20 November) so that Parties can see an up to the minute view of whether there are any issues with the BSC services that we provide.
Reduction of UMS MEM Error threshold from 2024 Quarter 1
The Unmetered Supplies (UMS) Material Error Monitoring (MEM) threshold will reduce from 10,000MWh to 7,000MWh, effective from the Quarter 1 2024 reporting window.
2024 dates for Elexon’s Introduction to the Energy Market seminar released
We have released three new dates for our Introduction to the Energy Market seminars in 2024. Find out more below and sign up to attend.
Submission of Generation and Demand Capacity (GC/DC) for the Winter 2023 BSC Season
The Winter BSC Season begins on Friday 1 December 2023. The deadline for submitting your GC and DC values for the Summer BSC Season is Thursday 16 November 2023.
Even if the values are identical to the last BSC Season you need to submit values for the new Season.
Elexon assurance of legacy Suppliers and agents during the transition to MHHS
The MHHS Programme is introducing changes for legacy Suppliers and agents to support the Migration of Metering System Identifiers (MSIDs) from legacy arrangements to MHHS. Reverse migration can take place during the migration period (from March 2025 onwards) where a customer has switched to a Supplier that is not yet MHHS Qualified.
Consultation: increasing CAP to £120 from 21 November 2023Read More
This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £120 from 21 November 2023. This two-day consultation will close at 17:00 on 6 November 2023.
Elexon administers new discount scheme for PPM standing charges
This month (October 2023) Elexon has begun to administer a new support scheme to benefit electricity prepayment meter (PPM) customers this winter by discounting their daily standing charges. Xoserve (a gas industry code manager) will be administering the equivalent scheme for gas PPMs.
Maximum Export Limit data on BMRS and Insights Solution
Following the issues mentioned in Elexon Circular EL03922 we have recently deployed a fix that addresses the issue with processing of large volume of Maximum Export Limit (MEL) data on our Balancing Mechanism Reporting Service (BMRS).
Consultation on Metering Dispensation D/565 for non-compliant Metering EquipmentRead More
Elexon Ltd (Elexon) has raised a generic Metering Dispensation (D/565) on behalf of SMS PLC (SMS). If the BSC Panel approves a generic Metering Dispensation, it allows non-compliant Metering Equipment (or Metering Equipment that has not been approved under BSCP601 – a requirement of CoPs 1, 2, 3, 5, 10 and 11) to be installed and registered in any Settlement Metering System, subject to any conditions the BSC Panel agrees.
Consultation: increasing CAP to £130 from 3 November 2023Read More
This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £130 from 3 November 2023. This two-day consultation will close at 17:00 on 19 October 2023.
Elexon welcomes Devrim Celal to the Board as a new industry Non-Executive Director
Source: Elexon corporate websiteElexon has appointed Devrim Celal to the Elexon Board. Devrim, who takes up his post from 1 November 2023, replaces Claire Duffy who is retiring from the Board.
The BSC requires the Elexon Board to be comprised mainly of Non-Executive Directors who have electricity industry experience and at least two Non-Executive Directors who must be from outside the industry.
The Elexon Board will now comprise Sara Vaughan Chair, Peter Stanley Elexon CEO along with our three industry Non-Executive Directors David Titterton, Ian Graves and Devrim Celal and our two non-industry Non-Executive Directors Tim Fitzpatrick and Anne Heal.
Virtual Lead Parties to offer services in the wholesale electricity market
Ofgem has today (6 October 2023) approved Balancing and Settlement Code Modification P415 ‘Facilitating access to wholesale markets for flexibility dispatched by Virtual Lead Parties’.
Market Index Definition Statement Review 2023
The Market Index Definition Statement (MIDS) is annually reviewed by the BSCCo. on behalf of the BSC Panel, to ensure that the Market Index Price is providing a reasonable reflection of the price of wholesale electricity in the short term market.
New service standards for Insights Solution users
Elexon is consulting on removing a requirement in the Balancing and Settlement Code to continue provision of a High Grade telecommunications line so that Parties can receive instant updates from the Balancing Mechanism Reporting Service (BMRS).
Consultation: increasing CAP to £105 from 18 October 2023Read More
This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £105 from 18 October 2023. This two-day consultation will close at 17:00 on 3 October 2023.
Peter Stanley has been appointed as the new CEO of Elexon
Source: Elexon corporate websiteWe are delighted to announce that Peter Stanley has been appointed as the new CEO of Elexon. This follows consultation with the BSC Panel. Peter joined Elexon in 2016 as a member of the Executive team and has been acting as interim CEO since August.