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BSC Insights – Imbalance and Settlement

Showing Insight articles on Imbalance and settlement.

Other Insight topics:
The electricity market | Code Governance and reforms | Supporting changes in the energy system | Managing the BSC | Customer service

(Showing items 11-20 of 23)

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BSC Insights: How we can streamline the Modification Process

Published: November 2019

Based on our latest Policy View, Elexon could deliver ‘quick wins’ to bring about a faster, more consistent process for making changes to the 11 energy industry codes.

The benefits include speeding up the time it takes …

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BSC Insights: Interconnector flows in and out of Great Britain

Great Britain is connected to the rest of Europe through five interconnectors with a combined capacity of 5,000MW. So far this year 9.2% of Great Britain’s energy demand has been met by energy from the interconnectors. In this Elexon Insight, …

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BSC Insights: Identifying Settlement risks just got easier

Published: October 2019

We have listened to concerns of BSC Parties and we’ve implemented two major changes that will help Settlement risk and error.   

Managing the Settlement process

Managing the Balancing and Settlement Code is a complex process and …

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BSC Insights: What is Driving Increases in Electricity Imbalance Volumes?

Daily average Energy Imbalance volumes have doubled between 2014 and 2019. In this Elexon Insight, one of our Business Intelligence Analysts, Emma Tribe, investigates the drivers behind the increase in Energy Imbalance Volumes. This analysis also demonstrates that increases in …

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BSC Insights: Imbalance Charging, where does the money go?

In this Elexon Insight one of our Business Intelligence Analysts, Emma Tribe, explains energy imbalance cash flow and how leftover amounts are redistributed among BSC Parties. This article highlights how we calculate payments that come into Elexon and how, as a not-for-profit organisation the way they are calculated means we receive no financial gain.

Published: June 2019

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BSC Insights: Imbalance Prices go negative on 24 March 2019

The 24 March 2019 saw the longest continuous period of negative Imbalance Prices since a single Imbalance Price was introduced in November 2015. In this article Emma Tribe explains what negative Imbalance Prices are, when they have been occurring, and what Elexon’s data shows about the trends.

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BSC Insights: Imbalance Prices with new CADL and DMAT

Emma Tribe’s insight article highlights the potential impact of changes to the De Minimis Acceptance Threshold and the Continuous Acceptance Duration Limit which take effect on 1 April 2019. The article explains the changes and includes interactive graphs to illustrate …

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BSC Insights: What’s the impact of changing DMAT and CADL?

Elexon are currently consulting on two Imbalance Price Calculation parameters. Emma Tribe’s insight article highlights the potential impact on prices of changing the De Minimis Acceptance Threshold (DMAT) and the Continuous Acceptance Duration Limit (CADL).

Published: November 2018

Getting

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BSC Insights: Audit results suggest issues for TAA Inspection Visits

Kat Higby and Jason Jackson recap on the concerns raised during the Performance Assurance Board (PAB)’s review of Technical Assurance Agent (TAA) Inspection Visits for 2017/18. The findings indicate that further active engagement with the process, on the part of …

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BSC Insights: The Imbalance Price Olympics

Emma Tribe’s article highlights how the Imbalance Price made a high jump on 17 May 2017 as it rose above £1,000/MWh between 15:30 and 17:00. The high prices seen in this period were significantly different from £48.93/MWh, which is what …

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