Formal title: Main Imbalance Price based on Market Reference Price
Current Status
Submission
Initial Written Assessment
Assessment Procedure
Report Phase
With Authority
Rejected
Summary
The Modification proposal seeks to replace part of the current energy imbalance price methodology with an alternative method for determining the main imbalance price paid by parties who are in imbalance in the same direction as the system. The solution would use a market-derived reference price.
Progression
P212 was raised by BizzEnergy on 27 April 2007. The recommendation of the BSC Panel is that P212 should not be made. Proposed Modification was rejected by the Authority on 29 February 2008.
Impacts
BSC Parties Impacted
- No Party impact
Party Agents Impacted
- No Party Agent impact
BSC Systems Impacted
- No System Impact
Code and CSDs Impacted
Not Applicable
Documents
P212 Report Phase Consultation Attachment – Proposed Legal Text
Size
Document Date 19/11/2007
P212 Interim Report Attachments
Size
Document Date 13/09/2007
P212 Requirement Specification
Size
Document Date 13/09/2007
National Grid Presentation and Figures
Size
Document Date 22/05/2007
P212 Modification Proposal
Size
Document Date 29/04/2007
P212 Assessment Procedure Consultation Attachments
Size
Document Date 15/08/2007
P212 Assessment Procedure Consultation Proforma
Size
Document Date 04/10/2007
P212 Draft Modification Report Attachments
Size
Document Date 13/12/2007
P212 Modification Report Attachments
Size
Document Date 17/12/2007
P212 BSC Agent Impact Assessment Responses
Size
Document Date 17/07/2007
P212 Proposer's Slides
Size
Document Date 15/05/2007
P212 NGET Notice
Size
Document Date 29/02/2008
P212 Report Phase Consultation Proforma
Size
Document Date 19/11/2007
P212 Report Phase Consultation Responses
Size
Document Date 03/12/2007
P212 Assessment Procedure Consultation Attachments
Size
Document Date 04/10/2007
P212 Transmission Company Analysis Responses
Size
Document Date 18/07/2007
P212 Assessment Procedure Consultation Document
Size
Document Date 15/08/2007
P212 Assessment Procedure Consultation Proforma
Size
Document Date 15/08/2007
P212 Assessment Procedure Consultation Document
Size
Document Date 04/10/2007
P212 Assessment Report
Size
Document Date 09/11/2007
P212 Requirement Specification
Size
Document Date 05/07/2007
P212 Authority Decision - Rejected
Size
Document Date 29/02/2008
P212 Initial Written Assessment
Size
Document Date 10/05/2007
P212 Report Phase Consultation Document
Size
Document Date 19/11/2007
P212 Draft Modification Report
Size
Document Date 13/12/2007
P212 Assessment Report Attachments
Size
Document Date 09/11/2007