List of homepage news articles
This page lists all of the news articles we have produced over the last year. Any news articles older than 1 year are removed from the website as they will have concluded their designated lifecycle. Please contact us if you are looking for specific information on any subjects we have covered.
Volume Notification on ‘Long’ Clock Change Day: Sunday 29 October 2023
UK time changes on Sunday 29 October 2023 from British Summer Time (BST) to Greenwich Mean Time (GMT)/ Coordinated Universal Time (UTC) at 02:00 (BST). This will result in a ‘long’ day as the clocks go back an hour.
Consultation: increasing CAP to £130 from 3 November 2023
This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £130 from 3 November 2023. This two-day consultation will close at 17:00 on 19 October 2023.
Elexon welcomes Devrim Celal to the Board as a new industry Non-Executive Director
Source: Elexon corporate websiteElexon has appointed Devrim Celal to the Elexon Board. Devrim, who takes up his post from 1 November 2023, replaces Claire Duffy who is retiring from the Board.
The BSC requires the Elexon Board to be comprised mainly of Non-Executive Directors who have electricity industry experience and at least two Non-Executive Directors who must be from outside the industry.
The Elexon Board will now comprise Sara Vaughan Chair, Peter Stanley Elexon CEO along with our three industry Non-Executive Directors David Titterton, Ian Graves and Devrim Celal and our two non-industry Non-Executive Directors Tim Fitzpatrick and Anne Heal.
Virtual Lead Parties to offer services in the wholesale electricity market
Ofgem has today (6 October 2023) approved Balancing and Settlement Code Modification P415 ‘Facilitating access to wholesale markets for flexibility dispatched by Virtual Lead Parties’.
Market Index Definition Statement Review 2023
The Market Index Definition Statement (MIDS) is annually reviewed by the BSCCo. on behalf of the BSC Panel, to ensure that the Market Index Price is providing a reasonable reflection of the price of wholesale electricity in the short term market.
New service standards for Insights Solution users
Elexon is consulting on removing a requirement in the Balancing and Settlement Code to continue provision of a High Grade telecommunications line so that Parties can receive instant updates from the Balancing Mechanism Reporting Service (BMRS).
Consultation: increasing CAP to £105 from 18 October 2023
This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £105 from 18 October 2023. This two-day consultation will close at 17:00 on 3 October 2023.
Peter Stanley has been appointed as the new CEO of Elexon
Source: Elexon corporate websiteWe are delighted to announce that Peter Stanley has been appointed as the new CEO of Elexon. This follows consultation with the BSC Panel. Peter joined Elexon in 2016 as a member of the Executive team and has been acting as interim CEO since August.
Webinar about Modification P395: Aligning BSC Reporting with EMR Regulations
Elexon will implement Balancing and Settlement Code (BSC) Modification P395 ‘Aligning BSC Reporting with EMR Regulations – an enduring solution’ on 2 November as part of the November 2023 BSC Release.
We hosted a webinar on 21 September 2023 to explain the changes.
Watch the webinar on Low Power Instrument Transformers and their potential use in Settlement Metering Systems
Elexon’s Metering Team recently hosted a webinar where Siemens Energy gave a presentation on a new type of technology that has the potential to be used within Settlement Metering Systems, Low Power Instrument Transformers (LPITs).
Credit Assessment Load Factor values for Winter 2023: 1 November appeal deadline
The Credit Assessment Load Factor (CALF) values for the Winter 2023 BSC Season, which runs from 1 December 2023 to 29 February 2024, are available from the BSC Portal. If you are the Lead Party of a non-Credit Qualifying BMU, you can appeal an assigned CALF value if you believe it does not accurately represent your expected activity.
- BSC Portal > Financial and Credit > Credit / Credit Alerting
Customer survey: an opportunity to offer feedback
Source: Elexon corporate websiteAt Elexon, we want to make sure that the information we provide to you is clear, precise, easy to find and tailored to your needs. But to do this we need your help.
Understanding Settlement Reports: a guide for BSC Parties
For any Settlement Date and Settlement Run Type carried out in accordance with the Settlement Calendar, the Settlement Administration Agent (SAA) publishes Settlement Reports (known as SAA-I014 reports) to relevant industry parties. Whilst all Settlement Reports are built using the same data, there are slightly differing sub-flows of the SAA-I014 depending on the primary recipient.
Consultation: increasing CAP to £95 from 5 September 2023
This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £95 from 5 September 2023. This two-day consultation closed at 17:00 on 18 August 2023.
Elexon Chief Executive Simon McCalla to step down
Source: Elexon corporate websiteSimon McCalla is stepping down as Chief Executive of Elexon with effect from 4 September 2023 to focus on further developing his family’s growing retail business.
Workaround for loading Market Domain Data version 338
Please note that there was an error within the blue text in the original Circular sent on Thursday 10 August. This has since been amended in the version in the online archive.
Please refer to the below information to make manual adjustments.
Submission of Generation and Demand Capacity (GC/DC) for the Autumn 2023 BSC Season
The Autumn BSC Season begins on Friday 1 September 2023. The deadline for submitting your GC and DC values for the Summer BSC Season is Thursday 17 August 2023.
Even if the values are identical to the last BSC Season you need to submit values for the new Season.
Join our webinar on the upcoming P395 changes
Elexon will implement Balancing and Settlement Code (BSC) Modification P395 ‘Aligning BSC Reporting with EMR Regulations – an enduring solution’ on 2 November as part of the November 2023 BSC Release.
We are hosting a webinar on 21 September 2023 to explain the changes.
Elexon Board Directors election or re-election results 2023
Source: Elexon corporate websiteIn keeping with best practice for corporate governance and accountability, all Elexon Board Directors were subject to election or re-election via a vote at Elexon’s Annual BSC Seminar held on 13 July 2023.
Consultation: decreasing CAP to £90 from 2 August 2023
This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £90 from 2 August 2023. This two-day consultation will close at 17:00 on 18 July 2023.