{"id":131711,"date":"2019-08-02T13:45:49","date_gmt":"2019-08-02T12:45:49","guid":{"rendered":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/?page_id=131711"},"modified":"2023-07-06T16:05:54","modified_gmt":"2023-07-06T15:05:54","slug":"018-sva-risk-revenue-protection-volumes-are-not-settled","status":"publish","type":"page","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/performance-assurance\/performance-assurance-processes\/018-sva-risk-revenue-protection-volumes-are-not-settled\/","title":{"rendered":"018 SVA Risk: Revenue Protection volumes are not settled"},"content":{"rendered":"<p>This page outlines the Risk that Revenue Protection processes are not managed sufficiently, such that unrecorded energy volumes are excluded from Settlement.<\/p>\n\n        <figure id=\"attachment_131717\" aria-describedby=\"figcaption_attachment_131717\" class=\"figure-caption alignright\" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\" style=\"width: 376px\">\n            <a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-content\/uploads\/2019\/08\/PAF-Risk-018.jpg\"><img loading=\"lazy\" decoding=\"async\" itemprop=\"contentURL\" class=\" wp-image-131717\" src=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-content\/uploads\/2019\/08\/PAF-Risk-018-245x300.jpg\" alt=\"Diagram of 018 SVA Risk: Revenue Protection volumes\" width=\"376\" height=\"460\" srcset=\"https:\/\/elexon-bsc-production-cdn.s3.eu-west-2.amazonaws.com\/wp-content\/uploads\/2019\/08\/28155453\/PAF-Risk-018-245x300.jpg 245w, https:\/\/elexon-bsc-production-cdn.s3.eu-west-2.amazonaws.com\/wp-content\/uploads\/2019\/08\/28155453\/PAF-Risk-018-768x940.jpg 768w, https:\/\/elexon-bsc-production-cdn.s3.eu-west-2.amazonaws.com\/wp-content\/uploads\/2019\/08\/28155453\/PAF-Risk-018-600x734.jpg 600w, https:\/\/elexon-bsc-production-cdn.s3.eu-west-2.amazonaws.com\/wp-content\/uploads\/2019\/08\/28155453\/PAF-Risk-018.jpg 805w\" sizes=\"auto, (max-width: 376px) 100vw, 376px\"><\/a>\n            <figcaption id=\"figcaption_attachment_131717\" class=\"wp-caption-text\" itemprop=\"description\">\n                Diagram of 018 SVA Risk: Revenue Protection volumes\n            <\/figcaption>\n        <\/figure>\n<h2 id=\"how-it-relates-to-you\">How it relates to you<\/h2>\n<p>Smaller suppliers might be more affected, as they are less likely to engage in revenue protection activity.<\/p>\n<h3>Parties responsible for risk factors<\/h3>\n<ul>\n<li>Data Collector<\/li>\n<li>Supplier<\/li>\n<\/ul>\n<h3>Parties responsible for risk controls<\/h3>\n<ul>\n<li>Supplier<\/li>\n<\/ul>\n<p>Risk 018 forms part of the data retrieval and processing process shown in the&#xA0;<a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/performance-assurance\/performance-assurance-processes\/settlement-risks-risk-visualisation-tool\/\" data-wpel-link=\"internal\">Risk Visualisation Tool<\/a>.<\/p>\n<h2 id=\"potential-causes\">Potential causes<\/h2>\n<p>Potential causes, or as they known in the Risk Evaluation Register: Risk Factors are the points of failure that could result in erroneous or estimated data entering Settlement.<\/p>\n<p>Elexon has identified a number of typical failure points related to this risk, parties should note the list is non-exhaustive, and not all risk factors are applicable to every role type.<\/p>\n<ul>\n<li>Evidence of tampering is not reported by the DC<\/li>\n<li>DC does not record the adjustments to the meter advance, recalculate meter advances, or calculate estimates correctly or at all, as instructed by Revenue Protection Services<\/li>\n<li>Lack of understanding of the processes involved including DCUSA, BSC, UKRPA<\/li>\n<\/ul>\n<h2 id=\"potential-solutions\">Potential solutions<\/h2>\n<p>Parties responsible for operating controls should take note of the information below. This identifies the BSC Sections and Procedures relating the risk.<\/p>\n<p>Review the processes outlined in the following BSCPs and ensure that internal processes match the requirements:<\/p>\n<ul>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/csd\/bscp502-half-hourly-data-collection-for-sva-metering-systems-registered-in-smrs\/\">BSCP502: Half Hourly Data Collection for SVA Metering Systems Registered in SMRS<\/a><\/li>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/csd\/bscp504-non-half-hourly-data-collection-for-sva-metering-systems-registered-in-smrs\/\">BSCP504: Non Half Hourly Data Collection for SVA Metering Systems Registered in SMRS<\/a><\/li>\n<\/ul>\n<h2 id=\"impact-of-this-risk-on-the-industry\">Impact of this risk on the industry<\/h2>\n<ul>\n<li>Impact: &#xA3;1.7 Million<\/li>\n<li>Upper Impact: &#xA3;10.1 Million<\/li>\n<li>Volatility: Low<\/li>\n<\/ul>\n<p>In order to calculate the impact this risk has on your Party, multiply your market share by the impact as outlined above.<\/p>\n<h3>Probability graph<\/h3>\n<p><iframe loading=\"lazy\" src=\"https:\/\/app.powerbi.com\/view?r=eyJrIjoiY2Y5OTE2YWEtMjIwNC00MThiLWE5YjYtZGQ5MmY1YTcyY2Y4IiwidCI6IjFhMjM1Mzg1LTVkMjktNDBlMS05NmZkLWJjNWVjMjcwNjM2MSJ9\" width=\"100%\" height=\"600\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<h2 id=\"further-information\">Further information<\/h2>\n<p><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/performance-assurance\/performance-assurance-processes\/performance-assurance-risk-evaluation-register\/\" data-wpel-link=\"internal\">Risk Evaluation Register<\/a>&#xA0;sets out further detailed information on the noted controls.<\/p>\n<h2 id=\"support-and-training\">Support and training<\/h2>\n<p><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/about\/elexon-key-contacts\/operational-support-managers-osms\/\" data-wpel-link=\"internal\">Operational Support Managers<\/a>&#xA0;(OSMs) are able to help with further information or training on this risk and associated processes.<\/p>\n<h2 id=\"methodology-used-for-this-risk\">Methodology used for this risk<\/h2>\n<p>The following documents outline the methodology used to assess the Settlement Risk related to Agent appointments.<\/p>\n<ul>\n<li>\n<a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/documents\/performance-assurance\/processes\/risk-methodology-018-sva-risk-revenue-protection-volumes\/\" title=\"Risk Methodology: 018 SVA Risk: Revenue Protection volumes\" data-filetype=\"pdf\">Methodology for 018 SVA Risk: Revenue Protection volumes <small class=\"filesize\">(Size: )<\/small><\/a>\n<\/li>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/performance-assurance\/performance-assurance-techniques\/\">More on Techniques, Timetable and Methodology<\/a><\/li>\n<\/ul>\n\n","protected":false},"excerpt":{"rendered":"<p>This page outlines the Risk that Revenue Protection processes are not managed sufficiently, such that unrecorded energy volumes are excluded from Settlement. How it relates to you Smaller suppliers might [&hellip;]<\/p>\n","protected":false},"author":351,"featured_media":0,"parent":29182,"menu_order":0,"comment_status":"closed","ping_status":"closed","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,"footnotes":""},"tags":[],"class_list":["post-131711","page","type-page","status-publish","hentry"],"acf":[],"semantic_search":{"post_id":131711,"title":"018 SVA Risk: Revenue Protection volumes are not settled","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/performance-assurance\/performance-assurance-processes\/018-sva-risk-revenue-protection-volumes-are-not-settled\/","categories":[],"tags":[],"content":"\n    <div class=\"panel-content\">\n        <p>This page outlines the Risk that Revenue Protection processes are not managed sufficiently, such that unrecorded energy volumes are excluded from Settlement.<\/p>\n\n        <figure id=\"attachment_131717\" aria-describedby=\"figcaption_attachment_131717\" class=\"figure-caption alignright\" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\" style=\"width: 376px\">\n            <a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-content\/uploads\/2019\/08\/PAF-Risk-018.jpg\"><img loading=\"lazy\" decoding=\"async\" itemprop=\"contentURL\" class=\" wp-image-131717\" src=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-content\/uploads\/2019\/08\/PAF-Risk-018-245x300.jpg\" alt=\"Diagram of 018 SVA Risk: Revenue Protection volumes\" width=\"376\" height=\"460\" srcset=\"https:\/\/elexon-bsc-production-cdn.s3.eu-west-2.amazonaws.com\/wp-content\/uploads\/2019\/08\/28155453\/PAF-Risk-018-245x300.jpg 245w, https:\/\/elexon-bsc-production-cdn.s3.eu-west-2.amazonaws.com\/wp-content\/uploads\/2019\/08\/28155453\/PAF-Risk-018-768x940.jpg 768w, https:\/\/elexon-bsc-production-cdn.s3.eu-west-2.amazonaws.com\/wp-content\/uploads\/2019\/08\/28155453\/PAF-Risk-018-600x734.jpg 600w, https:\/\/elexon-bsc-production-cdn.s3.eu-west-2.amazonaws.com\/wp-content\/uploads\/2019\/08\/28155453\/PAF-Risk-018.jpg 805w\" sizes=\"auto, (max-width: 376px) 100vw, 376px\"><\/a>\n            <figcaption id=\"figcaption_attachment_131717\" class=\"wp-caption-text\" itemprop=\"description\">\n                Diagram of 018 SVA Risk: Revenue Protection volumes\n            <\/figcaption>\n        <\/figure>\n<h2 id=\"how-it-relates-to-you\">How it relates to you<\/h2>\n<p>Smaller suppliers might be more affected, as they are less likely to engage in revenue protection activity.<\/p>\n<h3>Parties responsible for risk factors<\/h3>\n<ul>\n<li>Data Collector<\/li>\n<li>Supplier<\/li>\n<\/ul>\n<h3>Parties responsible for risk controls<\/h3>\n<ul>\n<li>Supplier<\/li>\n<\/ul>\n<p>Risk 018 forms part of the data retrieval and processing process shown in the&#xA0;<a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/performance-assurance\/performance-assurance-processes\/settlement-risks-risk-visualisation-tool\/\" data-wpel-link=\"internal\">Risk Visualisation Tool<\/a>.<\/p>\n<h2 id=\"potential-causes\">Potential causes<\/h2>\n<p>Potential causes, or as they known in the Risk Evaluation Register: Risk Factors are the points of failure that could result in erroneous or estimated data entering Settlement.<\/p>\n<p>Elexon has identified a number of typical failure points related to this risk, parties should note the list is non-exhaustive, and not all risk factors are applicable to every role type.<\/p>\n<ul>\n<li>Evidence of tampering is not reported by the DC<\/li>\n<li>DC does not record the adjustments to the meter advance, recalculate meter advances, or calculate estimates correctly or at all, as instructed by Revenue Protection Services<\/li>\n<li>Lack of understanding of the processes involved including DCUSA, BSC, UKRPA<\/li>\n<\/ul>\n<h2 id=\"potential-solutions\">Potential solutions<\/h2>\n<p>Parties responsible for operating controls should take note of the information below. This identifies the BSC Sections and Procedures relating the risk.<\/p>\n<p>Review the processes outlined in the following BSCPs and ensure that internal processes match the requirements:<\/p>\n<ul>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/csd\/bscp502-half-hourly-data-collection-for-sva-metering-systems-registered-in-smrs\/\">BSCP502: Half Hourly Data Collection for SVA Metering Systems Registered in SMRS<\/a><\/li>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/csd\/bscp504-non-half-hourly-data-collection-for-sva-metering-systems-registered-in-smrs\/\">BSCP504: Non Half Hourly Data Collection for SVA Metering Systems Registered in SMRS<\/a><\/li>\n<\/ul>\n<h2 id=\"impact-of-this-risk-on-the-industry\">Impact of this risk on the industry<\/h2>\n<ul>\n<li>Impact: &#xA3;1.7 Million<\/li>\n<li>Upper Impact: &#xA3;10.1 Million<\/li>\n<li>Volatility: Low<\/li>\n<\/ul>\n<p>In order to calculate the impact this risk has on your Party, multiply your market share by the impact as outlined above.<\/p>\n<h3>Probability graph<\/h3>\n<p><iframe loading=\"lazy\" src=\"https:\/\/app.powerbi.com\/view?r=eyJrIjoiY2Y5OTE2YWEtMjIwNC00MThiLWE5YjYtZGQ5MmY1YTcyY2Y4IiwidCI6IjFhMjM1Mzg1LTVkMjktNDBlMS05NmZkLWJjNWVjMjcwNjM2MSJ9\" width=\"100%\" height=\"600\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<h2 id=\"further-information\">Further information<\/h2>\n<p><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/performance-assurance\/performance-assurance-processes\/performance-assurance-risk-evaluation-register\/\" data-wpel-link=\"internal\">Risk Evaluation Register<\/a>&#xA0;sets out further detailed information on the noted controls.<\/p>\n<h2 id=\"support-and-training\">Support and training<\/h2>\n<p><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/about\/elexon-key-contacts\/operational-support-managers-osms\/\" data-wpel-link=\"internal\">Operational Support Managers<\/a>&#xA0;(OSMs) are able to help with further information or training on this risk and associated processes.<\/p>\n<h2 id=\"methodology-used-for-this-risk\">Methodology used for this risk<\/h2>\n<p>The following documents outline the methodology used to assess the Settlement Risk related to Agent appointments.<\/p>\n<ul>\n<li>\n<a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/documents\/performance-assurance\/processes\/risk-methodology-018-sva-risk-revenue-protection-volumes\/\" title=\"Risk Methodology: 018 SVA Risk: Revenue Protection volumes\" data-filetype=\"pdf\">Methodology for 018 SVA Risk: Revenue Protection volumes <small class=\"filesize\">(Size: )<\/small><\/a>\n<\/li>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/performance-assurance\/performance-assurance-techniques\/\">More on Techniques, Timetable and Methodology<\/a><\/li>\n<\/ul>\n\n    <\/div>\n\n","s3_url":""},"_links":{"self":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/pages\/131711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/users\/351"}],"replies":[{"embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/comments?post=131711"}],"version-history":[{"count":1,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/pages\/131711\/revisions"}],"predecessor-version":[{"id":199194,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/pages\/131711\/revisions\/199194"}],"up":[{"embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/pages\/29182"}],"wp:attachment":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/media?parent=131711"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/tags?post=131711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}