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The legal text for P375 ‘Settlement of Secondary BM Units using metering behind the site Boundary Point’, was approved by BSC Panel at its meeting in October 2020 (307/06), well before the full P420 solution had been developed. The P420 legal text impacts the P375 approved legal text. Consequently, the P375 legal text cannot be implemented on 30 June 2022 due to conflicts with amendments introduced by P420
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Custom Document (Size: 12.95 KB)The legal text for P375 ‘Settlement of Secondary BM Units using metering behind the site Boundary Point’, was approved by BSC Panel at its meeting in October 2020 (307/06), well before the full P420 solution had been developed. The P420 legal text impacts the P375 approved legal text. Consequently, the P375 legal text cannot be implemented on 30 June 2022 due to conflicts with amendments introduced by P420
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Aaron Dickinson 2 updated-2-again1-1-new-existing1966-further2Read More
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Enquiries via the Communication Team
I work at Elexon
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Learn more about the "Alex" section
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list of bsc insights - tagging list dates
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Gross Supplier Market Share Data reports
Elexon publish a quarterly summary of each Supplier’s quarterly energy volume and average Meter Point Administration Number (MPAN) count. This allows customers to understand a Supplier’s market share of import and export electricity volumes and MPAN count.
BSC insight: Forward Market Prices drive six CAP value reviews this year
We issued a consultation on changing the Credit Assessment Price (CAP) value on 17 May 2021. This is the sixth time in 2021 that the CAP value is going to change. This is the most CAP change events to occur in the first five months of the year since the CAP weekly monitoring process was introduced in 2007. In this BSC Insight article, our data analyst Mehdi Jafari outlines the reasons for this.
BSC Insight: Why Non Half Hourly electricity use increased in the first four months of 2021
In this insight article Emma Tribe, our Analysis and Insight Senior Product Analyst, explains how the colder temperatures between January and April 2021 increased Non Half-Hourly electricity demand.
How to find your own insights from Supplier Market Share data
In this BSC Insight, Emma Tribe our Senior Product Analyst and Nick Groves our Data Steward Lead, demonstrate some of the insights that are possible using data from the Quarterly Supplier Market Share report from Elexon.
Using this report you can understand the average number of metering systems for each Supplier above a threshold and compare that to the total electricity demand for their customers.
BSC Insight: Update on Settlement Performance during the COVID-19 pandemic
Source: National Grid ESOIn this Insight article, Mehdi Jafari provides an update on the Settlement Performance during the COVID-19 pandemic. This BSC Insight follows on from a previous BSC Insight we published to show how COVID-19 pandemic had affected suppliers’ performance in 2020.
ELEXON Insights: Interconnector flows in and out of Great Britain
Great Britain is connected to the rest of Europe through five interconnectors with a combined capacity of 5,000MW. So far this year 9.2% of Great Britain’s energy demand has been […]
ELEXON insights: Keeping costs down when Suppliers fail
Roger Harris, Market Operations Manager at ELEXON, looks at the number of recent Supplier failures and the issue of Supplier of Last Resort processes and costs. Earlier in March another […]
BSC Insights: The electricity market
If significant events or changes occur within the electricity industry we will analyse and offer insight into what has happened and why. The impartial insight articles are written by our industry experts, who have a wealth of experience and knowledge. These findings are supported by a large amount of industry data.
These BSC Insights articles all relate to the electricity market.
ELEXON insights: Code Governance Review
This ELEXON insight offers our view of how energy codes (the commercial arrangements underpinning the energy system) could be consolidated and simplified for the benefit of new entrants and energy companies that are already in the market.
ELEXON insights: Defaults and SoLRs increased in 2018
In this ELEXON Insight, Emma Tribe, Business Intelligence Analyst, looks at the data behind these defaults and the 1.85% of electricity meters that have been transferred to a Supplier of […]
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Next steps for operationalising the market facilitator role
Elexon will begin market facilitator operations by early 2026 at the latest following the successful completion of a number of workstreams:
| Milestone | Workstream | Status |
|---|---|---|
| Agree the scope and detailed design for the market facilitator | Workshops led by Ofgem and involving Elexon and flexibility market participants to discuss the scope and the detailed design of the role, and associated governance arrangements. |
These workshops take place from August to September 2024. Ofgem plans to consult on the scope and detailed design of the role in November with a decision expected in early 2025. |
| Set up Elexon to take on the role | Development of a BSC Modification to extend Elexon’s vires so it can take on the role. |
Elexon is working to identify a party that will raise this proposal. We expect that the change will be approved for implementation in November 2024. |
| Develop a governance and funding model for the role |
Development of a BSC Modification on governance and funding for the market facilitator role. As the role is new, a governance model needs to be developed and approved. Elexon is not-for-profit and does not carry any capital reserves. We have not budgeted to deliver the role, and so a funding model needs to be developed. |
Following the outcome of Ofgem’s workshops, Elexon will identify a party that can raise this Modification. We expect workgroups to start development of the change in early 2025. Ofgem will also consult on in H2 2025 on the draft governance framework document for the role. Approval of the Modification is targeted for late 2025/26. |
| Create licence conditions for flexibility markets to operate effectively. | Licence conditions for the ESO and DSOs will be put in place by Ofgem requiring them to comply with the outputs of the market facilitator. | Ofgem will publish informal and statutory consultations in H2 2025 on the NESO and DSO licence changes. |
| Open Networks programme to transition from the ENA to Elexon. | Elexon working with the ENA to transition the Open Networks initiative to Elexon. This will maintain the growth of flexibility markets, in advance of us beginning market facilitator operations. |
In September 2024, Elexon will become chair for the Open Networks Challenge Group. The group is responsible for shaping the direction of the Open Networks Programme, its priorities, and outcomes. From September 2024 onwards, Elexon will also have representation on the Open Networks Steering Group. We will also engage in the working groups and take these over in 2025.
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