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.
CCDG recommendations following MHHS transition consultation
Elexon has today published and delivered to Ofgem the recommendations made by the Code Change and Development Group (CCDG), following the CCDG’s consultation on the transition and migration approach to support Market-wide Half Hourly Settlement (MHHS) implementation.
The CCDG is one of two industry workgroups for which Elexon has been providing technical leadership, to support further development of the MHHS Target Operating Model.
Our responses to consultations on code reform and the Future System Operator
Elexon has published its responses to the consultations by the Government and Ofgem on reforming the energy code arrangements and the Future System Operator (FSO) role. We believe that the proposed framework is a sound footing on which to build an energy system to deliver net zero and note that consolidation and simplification should follow. We look forward to working with the Government and Ofgem to deliver the outcomes of the consultations.
BSC Insight: What is Credit Cover and how does the Credit Assessment Price affect it?
The Credit Assessment Price has changed nine times in 2021 and we recently consulted on increasing the Credit Assessment Price again to a record high of £184/MWh. The Credit Assessment Price is used as a proxy for future Energy Imbalance Prices in the calculation of Credit Cover requirements. Emma Tribe, our Senior Product Analyst from the Analysis and Insights team, explains how the Credit Assessment Price is related to a Parties Credit Cover requirements.
CAP consultation issued on 20 September on further record level of £184/MWhRead More
We are consulting on an increase of the CAP to £184/MWh from the last notified value of £137/MWh.
Consultation on the Market Index Definition Statement (MIDS) Review 2021Read More
We are seeking your views on the annual Market Index Definition Statement (MIDS) review. If you represent BSC Parties or any other party in connection with the MIDS please respond to this online consultation.