{"id":194607,"date":"2023-02-09T10:22:45","date_gmt":"2023-02-09T10:22:45","guid":{"rendered":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/?post_type=consultation&#038;p=194607"},"modified":"2023-05-10T10:50:13","modified_gmt":"2023-05-10T09:50:13","slug":"p443-assessment-procedure-consultation","status":"publish","type":"consultation","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/consultation\/p443-assessment-procedure-consultation\/","title":{"rendered":"P443 Assessment Procedure Consultation"},"content":{"rendered":"","protected":false},"featured_media":138947,"template":"","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","inline_featured_image":false},"tags":[],"class_list":["post-194607","consultation","type-consultation","status-publish","has-post-thumbnail","hentry","consultation_type-change","consultation_type-modification"],"acf":[],"semantic_search":{"post_id":194607,"title":"P443 Assessment Procedure Consultation","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/consultation\/p443-assessment-procedure-consultation\/","categories":["Change","Modification"],"tags":[],"content":"\n\t<div class=\"panel-content\">\n\t\t<p>P443 seeks to limit the exposure of all GB parties, including consumers, to extreme prices because of tight margins across the European energy markets.<\/p>\n\n\t<\/div>\n\n\n\n\t<div class=\"panel-section panel-content summary\">\n\t\t<h2>What is proposed?<\/h2>\t\t<p>The Workgroup are considering three options to achieve this and seek industry views from this consultation to help determine whether to raise a formal Alternative Modification:<\/p>\n<ul>\n<li>Proposed Solution &#x2013; cap Interconnector actions to VoLL in the Imbalance price calculation<\/li>\n<li>Potential Alternative Solution 1 &#x2013; cap all actions to VoLL in the Imbalance price calculation<\/li>\n<li>Potential Alternative Solution 2 &#x2013; prevent Interconnector trades above VoLL<br>\nThe Proposed and Potential Alternative Solution 1 would enable NGESO to take any actions it deems necessary, but would apply the cap in the Imbalance price calculation where the relevant actions exceed VoLL, currently &#xA3;6,000\/MWh.<\/li>\n<\/ul>\n<p>Potential Alternative Solution 2 proposes to stop NGESO trading with Interconnector Users at a price that is above VoLL.<\/p>\n\n\t<\/div>\n\n\n<div class=\"pagebuilder-blocks\"><div class=\"panel-content\"><h2 id=\"p443-assessment-procedure-consultation\">P443 Assessment Procedure Consultation<\/h2><div class=\"documents-group\">\t\t\t\t\t<a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/documents\/change\/modifications\/p401-p450\/p443-assessment-procedure-consultation\/\" target=\"_blank\" class=\"item item-document icon-filetype-zip\">\n\t\t\t\t\t\t<div class=\"item-content\">\n\t\t\t\t\t\t\t<p class=\"item-title\">P443 Assessment Procedure Consultation<\/p>\n\n\t\t\t\t\t\t\t<div class=\"post-meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span><strong>Version<\/strong> 1.0<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span><strong>Document Date<\/strong> 09\/02\/2023<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"file_size\"><strong>Size<\/strong> <\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t<i class=\"item-link icon-right-arrow\">Download<\/i>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div><\/div><\/div>","s3_url":""},"_links":{"self":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/consultation\/194607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/consultation"}],"about":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/types\/consultation"}],"version-history":[{"count":5,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/consultation\/194607\/revisions"}],"predecessor-version":[{"id":197402,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/consultation\/194607\/revisions\/197402"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/media\/138947"}],"wp:attachment":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/media?parent=194607"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/tags?post=194607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}