Consultations on Operations and Settlement
This page lists all Consultations relating to Operations and Settlement. The consultations allow the team to gather feedback from the industry about proposed changes so that any concerns are considered as part of our processes.
Consultation for a generic Metering Dispensation based on D/534
Seagreen Wind Energy Limited (SWEL) has applied for a site specific Metering Dispensation for a solution to the issue of metering its Low Voltage Direct Current (LVDC) supplies on its Seagreen Offshore Wind Farm. SWEL would be happy for it to be generic, as long as this does not introduce any delay.
We are seeking views on whether D/534 could be made generic instead of site specific, and whether it could be adapted to be more generic by including the various solutions under D/461 and D/474 and these Metering Dispensations end dated.
Outcome (11 January)
The SVG and ISG approved D/534 as we recommended subject to the condition that the Direct Current (DC) metering solution is not used for measuring DC supplies to customers for billing purposes. We have updated the Statement of Generic Metering Dispensations to reflect their decisions. You can find more details about the consolidated solution to metering LVDC supplies on Offshore Wind Farms on the statement.
Credit Assessment Price increase to £305/MWh
This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £305/MWh from the last notified value of £230/MWh. This two-day consultation closed at 17.00 on 2 December.
Outcome
The CAP value will increase to £305/MWh on Friday 17 December 2021. As a result, Parties may notice a change in their Credit Cover Percentage and should review the amount of Credit Cover lodged.
Three consultation responses disagreed with the proposed value. The Credit Committee considered the consultation responses without holding a Credit Committee meeting, so as not to hold up the implementation of the increased CAP value. These responses will also be considered in more detail at the next Credit Committee meeting, which will be in the week beginning 13 December 2021.
Consultation: Credit Assessment Price decrease to £230/MWh
We are consulting on a decrease of the CAP to £230/MWh from the last notified value of £240/MWh. This is a two day consultation, and will close at 17:00 on 18 November 2021.
Outcome
The consultation closed on Thursday 18 November 2021 and two responses disagreed with the proposed value.
The Credit Committee considered the consultation responses without holding a Credit Committee meeting, so as not to hold up the implementation of the reduced CAP value. These responses will be considered in more detail at the next Credit Committee meeting, which will be in the week beginning 29 November 2021.
- Circular EL03457
Consultation issued on 01 November on decrease of the CAP to £240/MWh
We are consulting on a decrease of the CAP to £240/MWh from the last notified value of £259/MWh. A change to CAP can impact the amount of Credit Cover required by a BSC Party.
Alternative CAP Review process consultation
This consultation seeks views on including an alternative review process in the Credit Assessment Price (CAP) Review Guidance Document in light of volatile electricity market prices.
Consultation issued on 4 October on increase of the CAP to £259/MWh
We are consulting on an increase of the CAP to £259/MWh from the last notified value of £184/MWh. A change to CAP can impact the amount of Credit Cover required by a BSC Party.
CAP consultation issued on 20 September on further record level of £184/MWh
We are consulting on an increase of the CAP to £184/MWh from the last notified value of £137/MWh.
Consultation on the Market Index Definition Statement (MIDS) Review 2021
We are seeking your views on the annual Market Index Definition Statement (MIDS) review. If you represent BSC Parties or any other party in connection with the MIDS please respond to this online consultation.
CAP consultation issued on 6 September on record level of £137/MWh
We are consulting on an increase of the CAP to £137/MWh from the last notified value of £113/MWh.
P350 Draft reference Network Mapping Statement consultation 2022-23
This consultation seeks views on the draft reference Network Mapping Statement for use in the allocation of Transmission Loss Factors (TLFs) for BSC Year 2022-2023.