Elexon Ltd

Reduction in PAR from 500MWh to 350MWh P314 proposes a reduction in the Price Average Reference (PAR) value from 500MWh to 350MWh, with the PAR value reverting back to 500MWh on 5 November 2015 Please contact the Lead Analyst, Talia Addy for further details.

P310: Revised Credit Cover for Exporting Supplier BM Units P310 proposes to use the Balancing Mechanism Credit Assessment Export Capability (BMCAEC) value instead of the Balancing Mechanism Credit Assessment Import Capability (BMCAIC) value with regards to the Credit Assessment Energy Indebtedness calculations when a Supplier Volume Allocation Balancing Mechanism Unit contains embedded generation and no consumption....

Amendments to Credit Default arrangements P307 proposes to amend the timings, triggers and thresholds in relation to Credit Default, including extending the duration of the Query Period and adjusting the thresholds for entering Credit Default and the processes relating to the Cure Periods. For further information about this modification proposal, please contact the Lead Analyst,...

Amendments to the Provisions for BSCCo Directors P303 seeks to amend the BSCCo Board Director provisions in BSC Section C with the aim of increasing the pool of potential candidates that may fill a BSCCo Board Director position. To achieve this, P303 proposes to remove the current restriction that only non-industry directors can be awarded...

Expanding the definition of a ‘Letter of Credit’ to include regulated insurance companies P306 proposes to allow individual Parties to obtain a Letter of Credit from a regulated insurance company that is capable of providing security of a similar level and form as that provided by a bank. For further information, please contact...

P304 Workgroup Meeting P304 has been raised to progress the outcomes of the Electricity Balancing Significant Code Review (EBSCR), and proposes to reduce the Price Average Reference (PAR) value from 500MWh to 250MWh ahead of Winter 2014/15. For further information about this modification, please contact the lead analyst, Talia Addy.

Facility to enable BSC Parties to select either replacement contract notifications or additional contract notifications P309 proposes to give BSC Parties the ability to specify that either replacement contract notifications or additional contract notifications are associated with an Energy Contract Volume Notification Agent Authorisation in order to mitigate the risk that replacement notifications might be submitted...

P300 seeks to introduce new Measurement Classes for aggregated Half Hourly-settled customers (for current transformer and whole current metered domestic; and whole current non-domestic markets). P300 builds on the solution put forward under Rejected Modification P280 ‘New Measurement Classes’; and aligns with Distribution Connection and Use of System Agreement (DCUSA) Change Proposal (DCP) 179 ‘Amending...

P305 has been raised to progress the outcomes of the Electricity Balancing Significant Code Review (EBSCR), and proposes to implement the EBSCR conclusions ahead of Winter 2015/16, which include:

• Further reductions in the PAR value following P304 (50MWh from Winter 2015/16, then 1MWh from Winter 2018/19);
• A single imbalance price, calculated using the main...

P304 Workgroup Meeting P304 has been raised to progress the outcomes of the Electricity Balancing Significant Code Review (EBSCR), and proposes to reduce the Price Average Reference (PAR) value from 500MWh to 250MWh ahead of Winter 2014/15. For further information about this modification, please contact the lead analyst, Talia Addy.