{"id":175650,"date":"2021-10-13T17:41:00","date_gmt":"2021-10-13T16:41:00","guid":{"rendered":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/?post_type=smg-issue&#038;p=175650"},"modified":"2024-05-24T10:03:31","modified_gmt":"2024-05-24T09:03:31","slug":"issue-98","status":"publish","type":"smg-issue","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/smg-issue\/issue-98\/","title":{"rendered":"Issue 98 Review of the current practice of setting Dynamic Parameters"},"content":{"rendered":"","protected":false},"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-175650","smg-issue","type-smg-issue","status-publish","hentry"],"acf":[],"semantic_search":{"post_id":175650,"title":"Issue 98 Review of the current practice of setting Dynamic Parameters","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/smg-issue\/issue-98\/","categories":[],"tags":[],"content":"\n\t<div class=\"panel-content\">\n\t\t<p>Strict compliance with the market manipulation rules following Ofgem&#x2019;s &#x2018;Open letter on<br>\ndynamic parameters and other information submitted by generators in the Balancing<br>\nMechanism&#x2019; may lead to a less economic\/efficient outcome than what some generating<br>\nplant was doing prior Ofgem&#x2019;s open letter being published. There is a concern around the<br>\ndistinction between technical and economic dispatch of parameters.<\/p>\n\n\t<\/div>\n\n<div class=\"panel-content\">\n\t\t\t<div class=\"panel-section\">\n\t\t\t<h2>Next Events<\/h2>\n\t\t\t<p>Issue 98 is now closed.<\/p>\n\n\t\t<\/div>\n\t\n\t<div class=\"panel-section\">\n\t\t\t\t\t<div class=\"panel-section\">\n\t\t\t\t<div class=\"accordion\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"accordion-group\">\n\t\t\t\t\t\t\t<h2 class=\"accordion-title\" tabindex=\"0\" id=\"summary\" aria-expanded=\"false\">Summary<\/h2>\n\t\t\t\t\t\t\t<div class=\"accordion-panel\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t<div class=\"panel-inner\">\n\t\t\t\t\t\t\t\t\t<p>Strict compliance with the market manipulation rules following Ofgem&#x2019;s <a href=\"https:\/\/www.ofgem.gov.uk\/publications\/open-letter-dynamic-parameters-and-other-information-submitted-generators-balancing-mechanism\">&#x2018;Open letter on Dynamic Parameters and other information submitted by generators in the Balancing Mechanism&#x2019;<\/a> may lead to a less economic\/efficient outcome than what some generating plant was doing prior Ofgem&#x2019;s open letter being published.<\/p>\n<p>There is a difference between the absolute limit of a technical parameter that a unit can operate at and the level at which it can do so in the most economically efficient manner. For example pushing a generation unit to the limit of its Minimum Zero Time would be more expensive due to the associated risks. Therefore, there is a commercial trade-off between risk and capability.<\/p>\n<p>We are seeking to engage Market Participants to join an Issue Group to help review the current practice of setting Dynamic Parameters within the Balancing Mechanism.<\/p>\n\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"accordion-group\">\n\t\t\t\t\t\t\t<h2 class=\"accordion-title\" tabindex=\"0\" id=\"history\" aria-expanded=\"false\">Progression<\/h2>\n\t\t\t\t\t\t\t<div class=\"accordion-panel\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t<div class=\"panel-inner\">\n\t\t\t\t\t\t\t\t\t<p>Issue 98 was raised by Energy UK on 13 October 2021.<\/p>\n<p>The first Issue 98 Workgroup was held on 25 November 2021.<\/p>\n<p>The second Issue 98 Workgroup was held on 4 February 2022.<\/p>\n<p>The third and final Issue 98 Workgroup was held on 9 March 2022.<\/p>\n<p>The Issue 98 Issue Report was tabled at the Panel meeting on 9 June 2022.<\/p>\n\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t<\/div>\n<\/div>","s3_url":""},"_links":{"self":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/smg-issue\/175650","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/smg-issue"}],"about":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/types\/smg-issue"}],"version-history":[{"count":10,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/smg-issue\/175650\/revisions"}],"predecessor-version":[{"id":208198,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/smg-issue\/175650\/revisions\/208198"}],"wp:attachment":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/media?parent=175650"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/tags?post=175650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}