{"id":8010,"date":"2012-02-17T16:40:58","date_gmt":"2012-02-17T16:40:58","guid":{"rendered":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/?post_type=smg-issue&#038;p=8010"},"modified":"2014-03-20T14:02:55","modified_gmt":"2014-03-20T14:02:55","slug":"issue-11-performance-targets-and-monitoring","status":"publish","type":"smg-issue","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/smg-issue\/issue-11-performance-targets-and-monitoring\/","title":{"rendered":"Issue 11: Performance Targets and Monitoring"},"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-8010","smg-issue","type-smg-issue","status-publish","hentry"],"acf":[],"semantic_search":{"post_id":8010,"title":"Issue 11: Performance Targets and Monitoring","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/smg-issue\/issue-11-performance-targets-and-monitoring\/","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>The current Settlement target of 97% became effective with the introduction of the 1998 Trading Arrangements to ensure the equability of Settlements. This target does not ensure that equability is delivered for two prime reasons, firstly, fluctuations between actual and estimates is minimal and secondly, incorrect skew factors can be contained within the deemed actual performance.<\/p>\n<p>The current performance levels for Suppliers to achieve 97% is an inappropriate target and does not drive the appropriate incentives to improve data quality and encourage participants to ensure accurate data enters Settlements, instead, it diverts attention from the real issues.<\/p>\n<p>To address this issue, we believe that potentially two steps need to be taken. Firstly to amend the target of 97% to performance within an agreed tolerance of market average, therefore maintaining the deemed status quo of Settlement equability. Secondly, a longer term initiative needs to be considered to identify more appropriate measures of equability.<\/p>\n<p>In addition, an appropriate supporting monitoring framework should be in place, to enable the market to monitor data quality and operational performance on an equitable and impartial basis to ensure that equitability of<br>\nSettlements is actually achieved.<\/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>The Volume Allocation Standing Modification Group met on 28 September 2004.<\/p>\n<p>The Group discussed whether the 97% target at Final Reconciliation in the Non Half Hourly market ensured equitability in Settlement.<\/p>\n<p>The Group agreed that it would wait to see the outcome of the Panel&#x2019;s discussion of the BSC Review before meeting for further discussion.<\/p>\n<p>A further meeting to discuss the Issue will be held on 28 October 2004.<\/p>\n<p>Final Report sent to the Panel for it&#x2019;s meeting held on 9 December 2004 as paper 87\/001(e)<\/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\/8010","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\/8010\/revisions"}],"wp:attachment":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/media?parent=8010"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/tags?post=8010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}