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 151-200 of 256)

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View P350: Consultation on Methodology for Load Periods and Sample Settlement Periods 19 June 2018

P350: Consultation on Methodology for Load Periods and Sample Settlement Periods 19 June 2018Read 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).

We encourage you to respond to this consultation using the consultation pro-forma. The consultation period will end on Tuesday 03 July 2018 at 17:00. Please return responses to: [email protected].

At the end of the consultation period, Elexon will consider all responses and, if required, update the methodology accordingly. The methodology, along with all consultation responses, will be presented to the Imbalance Settlement Group (ISG) meeting in July to request approval of both the methodology and actual LPs and SSPs.

Upon approval, Elexon will publish the actual LPs and SSPs on the website on or before 31 August 2018. 

View Credit Assessment Price Consultation 08 May 2018

Credit Assessment Price Consultation 08 May 2018Read More

A trigger event has occurred, meaning that the absolute difference between the CAP and the reference price is greater than the upper trigger level of £6/MWh. As a result, a consultation on a new CAP value has commenced. You are invited to respond to this consultation using the consultation proforma.

The consultation period will end on Tuesday 15 May 2018 at 17:00. Please return responses to [email protected].

Following the end of the consultation period, if required, the Credit Committee will try to meet on the week commencing 14 May 2018 to consider the responses, and decide whether to change the current CAP value and the trigger level.

Any change will be notified to all BSC Parties, and the new value will come into effect at least 15 Working Days later. If a Credit Committee meeting is not required at the end of the consultation period, the new CAP value of £53/MWh will be implemented on Thursday 7 June 2018.

Outcome 

The consultation closed on Tuesday 15 May 2018. All responses were in agreement with the proposed value and therefore, in accordance with the CAP Review Guidance, a Credit Committee meeting will not be held. 

On Thursday 7 June 2018, the CAP value will increase from £47/MWh to £53/MWh. As a result, Parties may notice a change in their Credit Cover Percentage, and should review the amount of Credit Cover lodged.

The CAP review trigger level value will remain at its current value of +/- £6/MWh.

View DWG Consultation Skeleton Target Operating Models 2018

DWG Consultation Skeleton Target Operating Models 2018Read More

This consultation has been prepared by the Design Working Group to inform stakeholders about the skeleton TOMs and seeks your input on the design and evaluation work to date.

The TOM design work has been developed for Ofgem by the Elexon-chaired Design Working Group. The Group has met monthly since October and produced five high level ‘skeleton’ TOM options, as set out in this consultation. We have approved the skeleton TOMs, concluding the first stage of the TOM design work.

The Design Working Group will now, through this consultation and a stakeholder seminar, seek stakeholder views on the skeleton TOMs to inform them as they proceed to stage 2, which is where the detailed design of the skeleton TOMs will be undertaken.

View Consultation for Allocation of New Grid Supply Points to a GSP Groups

Consultation for Allocation of New Grid Supply Points to a GSP GroupsRead More

Elexon has received three new GSP registrations application from the Transmission Company.  All relate to the reconfiguration of existing assets.

Harris GSP and Stornoway GSP (North of Scotland)

There are two proposed new GSPs on the Scottish Western Isles, to be known as Harris GSP (GSP HARG_P) and Stornoway GSP (GSP STOR_P).

The Transmission Company propose that both GSP HARG_P and GSP STOR_P are allocated to the North of Scotland (_P) GSP Group.

Ferrybridge (Yorkshire)

NPG Yorkshire (YEDB) is the current Registrant of an existing Distribution System Connection Point (DSCP) (FERRB9) at Ferrybridge B 132kV substation. NPG Yorkshire intends to de-register the DSCP and instead register these circuits as a new GSP FERRB_M to feed the Yorkshire (_M) GSP Group.

The Transmission Company propose that GSP FERRB_M is allocated to the Yorkshire (_M) GSP Group.

Responses

If you have any views on the allocation of the above GSPs to GSP Groups, please respond using the consultation response form and send your responses, entitled “Harris, Stornoway and Ferrybridge GSP Registration”, to [email protected] by 17:00 on Monday 12 March 2018.

View Changes to the Risk Evaluation Register for 2017/18

Changes to the Risk Evaluation Register for 2017/18Read More

We identified seven new BSC Settlement Risks, which we are proposing to include as an addendum to the 2017/18 RER until such a time as the PAF documentation has undergone a full review as part of the PAF procedures work stream of the PAF review.

View Credit Assessment Price (CAP) Review Consultation: 5 February 2018

Credit Assessment Price (CAP) Review Consultation: 5 February 2018Read More

We invite Trading Parties to indicate whether they agree with the proposal to decrease the vaule of the CAP to £47/MWh from the last notified value of £55/MWh.

View Risk Operating Plan (ROP) 2018/19 Consultation

Risk Operating Plan (ROP) 2018/19 ConsultationRead More

This consultation asks respondents to review the Risk Operating Plan (ROP) 2018/19, and to submit any comments to [email protected] by 17 November 2017. Responses to this consultation will be presented to the Performance Assurance Board (PAB) meeting in December 2017. If you have any questions on this document please contact Melinda Anderson on 020 7380 4019.

View Generic Metering Dispensation Consultation: D/477

Generic Metering Dispensation Consultation: D/477Read More

SP Manweb plc has applied for a lifetime generic Metering Dispensation (D/477). This consultation seeks views from Registrants and other interested parties. Responses will  be considered by the Imbalance Settlement Group (ISG) and Supplier Allocation Group (SVG), who will decide whether to grant the Dispensation.

View Data review for the Market Index Definition Statement – 2017

Data review for the Market Index Definition Statement – 2017Read More

The Market Index Definition Statement (MIDS) defines the way the Market Index Price is calculated. We review the MIDS annually, as required by the Balancing and Settlement Code (BSC).

Our analysis shows that the current Individual Liquidity Threshold (ILT), timeband and product weightings remain suitable for 2017/18. We are seeking views on whether Parties agree that the current parameters should remain unchanged.

View Credit Assessment Price (CAP) review consultation: 21 August 2017

Credit Assessment Price (CAP) review consultation: 21 August 2017Read More

We invite Trading Parties to indicate whether they agree with the proposal to increase the vaule of the CAP to £50/MWh from the last notified value of £43/MWh.

View Changes to the CAP review process consultation: 18 April 2017

Changes to the CAP review process consultation: 18 April 2017Read More

We invite Trading Parties to indicate whether they agree with the proposal to improve the efficiency of the process by automatically setting the CAP to the breached reference price unless at least one BSC Party or a Credit Committee member requests a meeting to be held. These proposed changes will allow for a more efficient process whilst maintaining the necessary levels of control around the CAP value.

View Credit Assessment Price (CAP) review consultation: 20 March 2017

Credit Assessment Price (CAP) review consultation: 20 March 2017Read More

We invite Trading Parties to indicate whether they agree with the proposal to decrease the value of CAP to £44/MWh from its lastest approved level of £49/MWh.

View Risk Evaluation Methodology (REM) 2018/19 Industry Consultation

Risk Evaluation Methodology (REM) 2018/19 Industry ConsultationRead More

This consultation asks respondents to review the Risk Evaluation Methodology 2018/19, and to submit any comments to [email protected]. We are not proposing any changes to the methodology. Responses to this consultation will be presented to the Performance Assurance Board meeting on 30 March 2017. No response will be taken to mean that you agree that no changes be made.

View Review of Metering Dispensations and non-standard BM Units

Review of Metering Dispensations and non-standard BM UnitsRead More

This consultation seeks respondent’s views on our recent review of Metering Dispensations and non-standard Balancing Mechanism (BM) Unit applications.

View MIDS Consultation

MIDS ConsultationRead More

This Consultation relates to the update of the two Market Index Data Provider (MIDP) details in the Market Index Definition Statement (MIDS).

View Credit Assessment Price (CAP) consultation: 8 November 2016

Credit Assessment Price (CAP) consultation: 8 November 2016Read More

This consultation seeks respondents’ views on increasing the CAP to £110/MWh or a higher value between £120/MWh and £125/MWh from the last agreed value of £98/MWh. Please email responses to [email protected] using the profroma below by 17:00 Tuesday 15 November 2016.

View Risk Operating Plan (ROP) 2017/18 Consultation

Risk Operating Plan (ROP) 2017/18 ConsultationRead More

This consultation asks respondents to review the Risk Operating Plan (ROP) 2017/18, and to submit any comments to [email protected] by 18 November 2016. Responses to this consultation will be presented to the Performance Assurance Board (PAB) meeting in December 2016.

If you have any questions on this document please contact Melinda Anderson on 020 7380 4019.

View Credit Assessment Price (CAP) consultation: October 2016

Credit Assessment Price (CAP) consultation: October 2016Read More

This consultation seeks respondents’ views on increasing the CAP to £68/MWh from the last agreed value of £53/MWh. Please email responses to [email protected] using the profroma below by 17:00 Tuesday 18 October 2016.

View Performance Assurance Framework review consultation

Performance Assurance Framework review consultationRead More

This consultation seeks respondent’s views on  the Performance Assurance Framework  (PAF) to meet the challenges of a changing market.

View Credit Assessment Price (CAP) consultation: September 2016

Credit Assessment Price (CAP) consultation: September 2016Read More

This consultation seeks respondents’ views on increasing the CAP to £51/MWh from the current value of £42/MWh. Please email responses to [email protected] using the profroma below by 17:00 Tuesday 27 September 2016.

View MIDS review 2016 consultation

MIDS review 2016 consultationRead More

The Market Index Definition Statement (MIDS) defines the way the Market Index Price – used to determine the ‘reverse’ Energy Imbalance Price – is calculated. We review the MIDS annually, as required by the Balancing Settlement Code (BSC).

Our analysis shows that the current Individual Liquidity Threshold (ILT), timeband and product weightings remain suitable for 2016/17. We are seeking views on whether Parties agree that the current parameters should remain unchanged.

View Credit Assessment Price (CAP) consultation: August 2016

Credit Assessment Price (CAP) consultation: August 2016Read More

This consultation seeks respondents’ views on increasing the CAP to £42/MWh from the current value of £38/MWh. Please email responses to [email protected] using the profroma below by 17:00 Tuesday 16 August 2016.

View Risk Evaluation Register (RER) 2017/18 Industry Consultation

Risk Evaluation Register (RER) 2017/18 Industry ConsultationRead More

This consultation asks respondents to review the Risk Evaluation Register 2017/18, and to submit any comments to [email protected]. Responses to this consultation will be presented to the Performance Assurance Board meeting on 25 August 2016.

View Credit Assessment Price (CAP) consultation: June 2016

Credit Assessment Price (CAP) consultation: June 2016Read More

This consultation seeks respondents’ views on increasing the CAP to £37/MWh from the current value of £33/MWh. Please email responses to [email protected] using the profroma below by 17:00 Tuesday 21 June 2016.

View Risk Evaluation Methodology (REM) 2017/18 Industry Consultation

Risk Evaluation Methodology (REM) 2017/18 Industry ConsultationRead More

This consultation asks respondents to review the Risk Evaluation Methodology 2017/18, and to submit any comments to [email protected]. Responses to this consultation will be presented to the Performance Assurance Board meeting on 22 April 2016.

View Credit Assessment Price (CAP) process review consultation

Credit Assessment Price (CAP) process review consultationRead More

This consultation seeks respondents’ views on on options to improve the CAP setting and implementation process. Responses will be presented to the Credit Committee at its March 2016 meeting.

View Credit Assessment Price (CAP) Review Consultation

Credit Assessment Price (CAP) Review ConsultationRead More

This consultation seeks respondents’ views on reducing the Credit Assessment Price (CAP) to £37/MWh from the current value of £42/MWh. The CAP is used in the Credit Cover calculation and a change to CAP can impact the amount of Credit Cover required by a Trading Party.

 

View Risk Operating Plan (ROP) 2016/17 Consultation

Risk Operating Plan (ROP) 2016/17 ConsultationRead More

This consultation asks respondents to review the Risk Operating Plan (ROP) 2016/17, and to submit any comments to [email protected] by 18 December 2015. Responses to this consultation will be presented to the Performance Assurance Board (PAB) meeting in February 2016.
If you have any questions on this document please contact Melinda Anderson on 020 7380 4019.

View Credit Assessment Price (CAP) Review Consultation

Credit Assessment Price (CAP) Review ConsultationRead More

This consultation seeks respondents’ views on reducing the (CAP) to £42/MWh from the current value of £47/MWh. CAP is used in the Credit Cover calculation and a change to CAP can impact the amount of Credit Cover required by a Trading Party.

 

View Data review for the Market Index Definition Statement 2015

Data review for the Market Index Definition Statement 2015Read More

Our yearly analysis shows that the current Individual Liquidity Threshold (ILT), timeband weightings and product weightings remain suitable for 2015/16. We are now seeking views on whether the MIDS will remain fit for purpose following implementation of a Single Imbalance Price in November 2015.

View Cross-Code Address Data Quality Consultation

Cross-Code Address Data Quality ConsultationRead More

Further to the work on improving the quality of gas and electricity data, Ofgem has asked electricity and gas code administrators to establish an expert group (the Address Data Working Group (ADWG)) to look at address data. The objective is to explore potential options for harmonising address formats and utilising Unique Property Reference Numbers (UPRNs) to support the launch of a Centralised Registration Service (CRS). The purpose of this consultation is to seek the views of electricity and gas market participants and other interest parties in order to inform the ADWG’s final report and recommendations to Ofgem.

View Risk Evaluation Register 2016/17 for Industry Consultation

Risk Evaluation Register 2016/17 for Industry ConsultationRead More

This consultation asks respondents to review the Risk Evaluation Register 2016/17, and to submit any comments to [email protected]. Responses to this consultation will be presented to the Performance Assurance Board meeting on 27 August 2015.

View UMSUG consultation on generic UMS Charge Codes for LED lighting products

UMSUG consultation on generic UMS Charge Codes for LED lighting productsRead More

We invite your views on changing how we provide Charge Codes for light-emitting diode (LED) lighting products with Unmetered Supplies (UMS).
In the last two years we have issued over 3,000 UMS Charge Codes for LED street lights.
To mitigate this proliferation of LED Charge Codes, we propose to introduce new generic Charge Codes for LED lighting products and new supporting Switch Regimes for single-step dimming.
We invite your views on this, our proposed implementation approach and the appropriate implementation timescales.

We especially welcome views from Suppliers, UMS Operators, Meter Administrators, customers using LED lighting products with UMS (e.g. county councils, highways managers), providers of UMS inventory databases, providers of UMS Central Management Systems and manufacturers of LED lighting products.

View CACoP Principle 13 Consultation

CACoP Principle 13 ConsultationRead More

The Code Administration Code of Practice (CACoP) defines 12 high level principles that that electricity and gas Code Administrators should follow to help protect the interests of small market participants and consumers. The Code Panels propose to add a new principle on cross Code coordination to the existing CACoP.

This consultation invites market participants and any other interested parties to provide their views on the draft of this principle by 19 June 2015.

View Consultation for Allocation of a New Grid Supply Point (GSP) to a GSP Group

Consultation for Allocation of a New Grid Supply Point (GSP) to a GSP GroupRead More

Elexon has received a new GSP registration application from the Transmission Company, Northern Powergrid. It is constructing a new Grid Supply Point in Knaresborough, to be known as Knaresborough GSP.
The Transmission Company propose that GSP_KNAR is allocated to the North East (_F) GSP Group. Respondents’ views are sought when assessing the GSP_KNAR (Knaresborough) GSP Registration.

View Risk Evaluation Methodology 2016/17 Industry Consultation

Risk Evaluation Methodology 2016/17 Industry ConsultationRead More

This consultation asks respondents to review the Risk Evaluation Methodology 2016/17, and to submit any comments to [email protected]. Responses to this consultation will be presented to the Performance Assurance Board meeting on 23 April 2015.

View Within Period Revision to Risk Evaluation Register 2014/15

Within Period Revision to Risk Evaluation Register 2014/15Read More

This consultation asks respondents to comment on the Within Period Revision to the Risk Evaluation Register 2014/15. We are proposing to increase the net significance of Settlement Risk 0081 ‘The risk that HHDCs do not process valid HH readings resulting in estimated data being entered into Settlement’. Please submit any comments to [email protected]. Responses to this consultation will be presented to the Performance Assurance Board meeting on 26 February 2015.

View Credit Assessment Price Consultation – December 2014

Credit Assessment Price Consultation – December 2014Read More

The Credit Assessment Price (CAP) is used in the Energy Indebtedness calculations to convert Credit Cover into an energy value. We are consulting on a reduction to the (CAP) to £49/MWh from the current value of £55/MWh. A change to CAP can impact the amount of Credit Cover required by a Trading Party.

View Risk Evaluation Register Within Period Revision Consultation

Risk Evaluation Register Within Period Revision ConsultationRead More

The Performance Assurance Board (PAB) endorsed the draft Within Period Revisions (WPRs) to the Risk Evaluation Register (RER) 2014/15 for industry consultation on Thursday 27 November 2014, and we distributed it to industry for consultationWe invite you to respond to the consultation – the proposed amendments are in the Consultation Questions form and the ledger.  Please email your completed response to [email protected] by Monday 22 December 2014

 

View Risk Operating Plan (ROP) 2015/16 Consultation

Risk Operating Plan (ROP) 2015/16 ConsultationRead More

This consultation asks respondents to review the Risk Operating Plan (ROP) 2015/16, and to submit any comments to [email protected] by 21 November 2014. Responses to this consultation will be presented to the Performance Assurance Board (PAB) meeting on 27 November 2014.

If you have any questions on this document please contact Melinda Anderson on 020 7380 4019.

View Credit Assessment Price (CAP) Review Consultation

Credit Assessment Price (CAP) Review ConsultationRead More

This consultation seeks respondents’ views on increasing the Credit Assessment Price (CAP) to £55/MWh. CAP is used in the Credit Cover calculation and a change to the value of CAP can affect the amount of Credit Cover that a Party is required to lodge. Responses to this consultation will be presented to the Credit Committee.

If you have any questions about this consultation please contact Beth Connew on 020 7380 4189 or [email protected].

View Reducing Settlement timescales: PSRG consultation September 2014

Reducing Settlement timescales: PSRG consultation September 2014Read More

The Profiling and Settlement Review Group seeks views from impacted and interested parties on the benefits and savings, and costs and impacts, of the two options identified for reducing Settlement timescales.

 

View MIDS Review Consultation

MIDS Review ConsultationRead More

The Market Index Definition Statement (MIDS) defines the way the Market Index Price – used to determine the ‘reverse’ Energy Imbalance Price – is calculated. We review the MIDS annually, as required by the Balancing Settlement Code (BSC).

Our analysis shows that the current Individual Liquidity Threshold (ILT), timeband weightings and product weightings are suitable. However, the calculation could better reflect trades close to Gate Closure. We recommend excluding trades more than eight hours ahead of Gate Closure rather than the current 12 hours.

Due to some amendments made, Price changes has been updated to version 2 below.

View Risk Evaluation Register 2015/16 for Industry Consultation

Risk Evaluation Register 2015/16 for Industry ConsultationRead More

This consultation asks respondents to review the Risk Evaluation Register 2015/16, and to submit any comments to [email protected]. Responses to this consultation will be presented to the Performance Assurance Board meeting on 28 August 2014.

View Consultation for allocation of a new Grid Supply Point (GSP) to a GSP Group

Consultation for allocation of a new Grid Supply Point (GSP) to a GSP GroupRead More

Scottish & Southern Energy is constructing a new Grid Supply Point in Cairnford, Aberdeenshire, to be known as Cairnford GSP.
The Transmission Company propose that GSP_CAIF is allocated to the SHEPD (_P) GSP Group.

My BSC

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