Glossary

BSC Insights – System Prices

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BSC Insights: System Prices in 2018

In this Elexon Insight, Nick Baker, one of our Market Analysts, takes a detailed look at System Prices across 2018. What does the data tell us and were there circumstances that impacted on it?

2018 overview

In 2018 the lowest …

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BSC Insights: Negative short System Price on 18 September 2018

Emma Tribe’s SPAR insight article looks at Settlement Period 9 on 18 September 2018, when the System Price was -£6.25/MWh. In this Settlement Period the system was short, and the System Price set by the Market Index Price.

Published: October …

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BSC Insights: 1 November 2018 changes to the System Price Calculation

Emma Tribe’s article looks at how the November 2018 BSC Modification P305 changes can impact System Prices.

Published: September 2018

Recalculating System Prices with November 2018 changes show that prices when the system is short would have increased by …

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BSC Insights: Impact of temperature on System Prices

Thomas Demetriades looks at how the temperature influences the System Price. When we feel more extreme temperatures (temperatures greater than 25°C or lower than 5°C) the system is Short in 66% of Settlement Periods.

Published: August 2018

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BSC Insights: How tagging changes the System Price

Emma Tribe’s SPAR insight article takes a detailed look at how tagging affects the System Price calculation. By removing volumes from the top or bottom of the pricing stack the System Price decreases or increases.

Published: May 2018

Tagging

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