Material Error Monitoring provides assurance to Panel committees and other market participants that a Performance Assurance Party’s contribution to the error is quantified and the impact of such errors is established.<\/p>\n
This technique complements the BSC Audit<\/a>, Technical Assurance<\/a>, Error and Failure Resolution<\/a> and Trading Disputes<\/a> processes.<\/p>\n The PAB has a set of reporting requirements used to monitor materiality.<\/p>\n We use the Material Error Monitoring process to analyse settlement data and supplementary data to estimate and track identified material errors.<\/p>\n We can model and communicate the impact of identified settlement errors to the Performance Assurance Board and\/or Trading Disputes Committee to help them make decisions.<\/p>\n It also enables us to provide estimated error contribution to customers confidentially so they can monitor their progress in resolving errors.<\/p>\n Issues we’re currently monitoring include:<\/p>\n Discover full details of Erroneous Large EAC\/AAs and how the process works by reading the relevant guidance note<\/p>\n 2023 Calendar for Erroneously Large EAC AA Reporting<\/a><\/p>\n<\/li>\n<\/ul>\n A number of workshops on Erroneous large EAC\/AA were held at ELEXON’s offices during 2011-2013.<\/p>\n Metering System Energisation Status is used by Non-Half Hourly Data Aggregators (NHHDAs) to determine whether consumption for a Metering System is included in data aggregation.<\/p>\n If the Energisation Status in the Supplier Meter Registration Service (SMRS) does not match the actual physical status, this can result in a Settlement error. Settlement Risk SR0026 relates to incorrect Energisation Status.<\/p>\n ELEXON monitors the issue of erroneous values of Unmetered Supplies in the Non Half Hourly (NHH) The monitoring takes place quarterly and the dates used can be found in the UMS Monitoring Material Error Monitoring is a detective technique in Elexon’s Performance Assurance Framework<\/a>.<\/p>\n\n","protected":false},"excerpt":{"rendered":" How it relates to you Material Error Monitoring provides assurance to Panel committees and other market participants that a Performance Assurance Party’s contribution to the error is quantified and the […]<\/p>\n","protected":false},"author":350,"featured_media":0,"parent":29195,"menu_order":60,"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-1958","page","type-page","status-publish","hentry"],"acf":[],"semantic_search":{"post_id":1958,"title":"Material Error Monitoring","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/performance-assurance\/settlement-risk\/material-error-monitoring\/","categories":[],"tags":[],"content":" Material Error Monitoring is designed to: Estimate the impact and materiality of a Settlement Error; Monitor error levels over time; and Estimate the contribution to overall market errors made by individual Parties and their Agents. The process also helps us rank customer performance in the market and identify operational issues.<\/p>\n\n <\/div>\n\n Material Error Monitoring provides assurance to Panel committees and other market participants that a Performance Assurance Party’s contribution to the error is quantified and the impact of such errors is established.<\/p>\n This technique complements the BSC Audit<\/a>, Technical Assurance<\/a>, Error and Failure Resolution<\/a> and Trading Disputes<\/a> processes.<\/p>\n The PAB has a set of reporting requirements used to monitor materiality.<\/p>\n We use the Material Error Monitoring process to analyse settlement data and supplementary data to estimate and track identified material errors.<\/p>\n We can model and communicate the impact of identified settlement errors to the Performance Assurance Board and\/or Trading Disputes Committee to help them make decisions.<\/p>\n It also enables us to provide estimated error contribution to customers confidentially so they can monitor their progress in resolving errors.<\/p>\n Issues we’re currently monitoring include:<\/p>\n Discover full details of Erroneous Large EAC\/AAs and how the process works by reading the relevant guidance note<\/p>\n 2023 Calendar for Erroneously Large EAC AA Reporting<\/a><\/p>\n<\/li>\n<\/ul>\n A number of workshops on Erroneous large EAC\/AA were held at ELEXON’s offices during 2011-2013.<\/p>\n Metering System Energisation Status is used by Non-Half Hourly Data Aggregators (NHHDAs) to determine whether consumption for a Metering System is included in data aggregation.<\/p>\n If the Energisation Status in the Supplier Meter Registration Service (SMRS) does not match the actual physical status, this can result in a Settlement error. Settlement Risk SR0026 relates to incorrect Energisation Status.<\/p>\n ELEXON monitors the issue of erroneous values of Unmetered Supplies in the Non Half Hourly (NHH)How does the process work?<\/h2>\n
What are the big issues at the moment?<\/h2>\n
\n
Erroneous Large EAC\/AAs<\/h3>\n
\n
Timetable<\/h4>\n
\n
Workshops<\/h4>\n
\n
\nIssued On: 24-November-2011<\/li>\nIncorrect NHH Energisation Status & Unmetered Supplies<\/h2>\n
Metering System Energisation Status<\/h3>\n
\n
Timetable<\/h4>\n
\n
Unmetered Supplies<\/h3>\n
\nmarket. The monitoring involves comparing UMS data from Unmetered Supplies Operators (UMSOs)
\nand Non Half Hourly Data Aggregators (NHHDAs) on a particular Settlement Date following the SF
\nrun.<\/p>\n\n
Timetable<\/h4>\n
\nTimetable.<\/p>\n\n
Performance Assurance Framework<\/h2>\n
How it relates to you<\/h2>\n
How does the process work?<\/h2>\n
What are the big issues at the moment?<\/h2>\n
\n
Erroneous Large EAC\/AAs<\/h3>\n
\n
Timetable<\/h4>\n
\n
Workshops<\/h4>\n
\n
\nIssued On: 24-November-2011<\/li>\nIncorrect NHH Energisation Status & Unmetered Supplies<\/h2>\n
Metering System Energisation Status<\/h3>\n
\n
Timetable<\/h4>\n
\n
Unmetered Supplies<\/h3>\n
\nmarket. The monitoring involves comparing UMS data from Unmetered Supplies Operators (UMSOs)
\nand Non Half Hourly Data Aggregators (NHHDAs) on a particular Settlement Date following the SF
\nrun.<\/p>\n