{"id":7937,"date":"2012-02-17T15:58:32","date_gmt":"2012-02-17T15:58:32","guid":{"rendered":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/?post_type=smg-issue&#038;p=7937"},"modified":"2014-03-20T14:02:54","modified_gmt":"2014-03-20T14:02:54","slug":"issue-30-cash-out-review","status":"publish","type":"smg-issue","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/smg-issue\/issue-30-cash-out-review\/","title":{"rendered":"Issue 30: Cash Out Review"},"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-7937","smg-issue","type-smg-issue","status-publish","hentry"],"acf":[],"semantic_search":{"post_id":7937,"title":"Issue 30: Cash Out Review","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/smg-issue\/issue-30-cash-out-review\/","categories":[],"tags":[],"content":"\n\n<div class=\"panel-content\">\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>A new standing issue has been raised to investigate the broader concepts highlighted in the recent Cash Out Review. The Issue 30 Group will be asked to explore the following questions:<\/p>\n<ul>\n<li>Is dual cash-out pricing still appropriate versus single pricing?<\/li>\n<li>Are large spreads necessary to provide incentives to balance?<\/li>\n<li>Does a large spread in cashout prices generate unnecessary levels of RCRC to the detriment of smaller players?<\/li>\n<li>Is there merit in adoption of a single energy price (net of system and energy plus actions) supported by a small symmetric spread?<\/li>\n<li>How can BSAD and cash-out be integrated and brought under single governance?<\/li>\n<li>Would the assessment of the merits of these issues be impacted by a reduction in Gate Closure from one hour?<\/li>\n<li>Is it possible or desirable to restrict the Balancing Mechanism to energy providers? Are there other mechanisms for providing a cleaner separation between energy and system balances?<\/li>\n<\/ul>\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>The Issue 30 Group concluded their discussions with the recommendation that the issue is closed. The report contained the recommendation from the Group and an appendix detailing the discussions on each of the specific subjects discussed. The Group concluded that the Gate Closure, the Reverse Price and BSAD could be areas for further work ,potentially supplemented by further analysis, should Ofgem or a Party (via a modification or an Issue Group) consider this appropriate<\/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\/7937","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":0,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/smg-issue\/7937\/revisions"}],"wp:attachment":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/media?parent=7937"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/tags?post=7937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}