Glossary

Consultations for all Process, Operational and Credit areas

This page lists all Consultations relating to BSC and code processes, Market Entry and Compliance, and Operations and Settlement. The consultations allow ELEXON to gather feedback from the industry about proposed changes so that any concerns are considered as part of our processes.

This list does not include Change Consultations.

(Showing items 131-140 of 256)

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View P350 draft reference network mapping statement for Reference Year 2018-19

P350 draft reference network mapping statement for Reference Year 2018-19Read More

We issued a consultation on the draft reference network mapping statement for Modification P350 ‘Introduction of a seasonal Zonal Transmission Losses scheme’ to each Party. The network mapping statement is used for determining Nodal power flows in the calculation of Transmission Loss Factors. 

Response

Please respond using the consultation response form and send your responses, entitled  ‘P350 Draft Reference Network Mapping Statement’, to [email protected]  by 17.00 on Friday 13 September 2019.

View Changes to the CAP Review Process: 12 August 2019

Changes to the CAP Review Process: 12 August 2019Read More

We invite Trading Parties to indicate whether they agree with the proposal to set new CAP values based on the estimated reference price on the implementation date of the new CAP. We also invite Parties to indicate if they agree the trigger level (the value from which if the reference price deviates by, then a review of the CAP is triggered) should be automatically set. These proposed changes will allow for a more efficient process whilst maintaining the necessary levels of control.

View P350: Methodology for Load Periods and Sample Settlement Periods Consultation 19 June 2019

P350: Methodology for Load Periods and Sample Settlement Periods Consultation 19 June 2019Read More

Modification P350 ‘Introduction of a seasonal Zonal Transmission Losses scheme’ introduced a Transmission Loss Factor (TLF) for each TLF Zone and BSC Season, so transmission losses can be allocated on a geographical basis. P350 went live on 1 April 2018.

This Consultation details the proposed methodology for setting Load Periods and Sample Settlement Periods to be used in the derivation of Zonal TLFs, as required by the Balancing and Settlement Code (BSC).

Outcome

No responses were in disagreement with using the suggest methodology to calculate the Load Periods (LPs) and Sample Settlement Periods (SSPs). The methodology, and the new LPs and SSPs for BSC Year 2020/21, were presented to the Imbalance Settlement Group (ISG) in July 2019. These were approved by the ISG and were published on the TLF Determination page of the Elexon Portal.  

View Credit Assessment Price (CAP) consultation: 10 June 2019

Credit Assessment Price (CAP) consultation: 10 June 2019Read More

This consultation seeks respondents’ views on decreasing the CAP £41/MWh from the last notified value of £48/MWh. 

Response

Please email responses to [email protected] using the pro-forma below by 17:00 on Tuesday 18 June 2019.

View DWG’s consultation on transitioning to Market-wide Half Hourly Settlement

DWG’s consultation on transitioning to Market-wide Half Hourly SettlementRead More

The DWG has developed its approach for transitioning from the current Settlement arrangements to the Target Operating Model (TOM) for Market-wide Half Hourly Settlement (MHHS).

This consultation is your opportunity to comment on the transition approach as developed by the DWG, before Ofgem makes the final decision whether to approve it.

MHHS is a fundamental reform that will affect both existing and future participants in the energy market. The DWG therefore encourages views from all stakeholders.

Responses

Please email responses to [email protected] using the response form by 08:00 on 8 July 2019.

Further information

You can find more information about the DWG on the Design Working Group page of our website.

View Credit Assessment Price consultation: 4 March 2019

Credit Assessment Price consultation: 4 March 2019Read More

Following a decrease in forward market prices, a Credit Assessment Price (CAP) review was triggered. We have issued a consultation paper on the value of the Credit Assessment Price.

We propose to decrease the value of CAP to £49/MWh from the last notified CAP value of £56/MWh.

View DWG’s preferred TOM for Market-wide Half Hourly Settlement consultation

DWG’s preferred TOM for Market-wide Half Hourly Settlement consultationRead More

This consultation seeks views on the Target Operating Model (TOM) developed by the Design Working Group (DWG), before Ofgem makes the final decision on whether to approve it. Market-wide Half Hourly Settlement (MHHS) is a fundamental reform which will impact both existing and future participants in the energy market. The DWG therefore encourages views from all stakeholders.

View Risk Operating Plan (ROP) 2019/20 Consultation

Risk Operating Plan (ROP) 2019/20 ConsultationRead More

This consultation sets out Elexon’s proposed plan to mitigate Settlement Risks in 2019/20. Elexon asks that respondents review the Risk Operating Plan (ROP) 2019/20, and to submit any comments to to [email protected] by 22 February 2019. 

Responses to this consultation will be presented to the Performance Assurance Board (PAB) meeting on Thursday 28 March 2019.

Webinar 

Elexon hosted an education webinar on 12 February to help you respond to this Risk Operating Plan consultation.

Risk Operating Plan webinar from Elexon on Vimeo.

View Credit Assessment Price (CAP) consultation: 4 February 2019

Credit Assessment Price (CAP) consultation: 4 February 2019Read More

This consultation seeks respondents’ views on decreasing the CAP to £56/MWh from the last agreed value of £68/MWh.

Elexon has produced a set of data visualisation graphs that show the reference CAP and the live CAP and are used by Elexon to support the regular CAP Review process.

  • More on data graphs and calculating new CAP values

Response

Please email responses to [email protected] using the pro-forma below by 17:00 Tuesday 12 February 2019.

My BSC

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