We are reviewing the Trading Disputes Technique
We are undertaking a comprehensive assessment of the current Trading Disputes processes. The review will recommend any identified changes and improvements that can be made to the Trading Disputes technique as short-term and long-term changes.
In addition, the project will consider the effect that market-wide Half Hourly Settlement will have on the Trading Disputes technique.
On this page
Why review the Trading Disputes technique?
The Trading Disputes Performance Assurance Technique was outside of the scope of the Performance Assurance Framework (PAF) review because it was found by the PAF review team to have no dependencies on other Performance Assurance techniques.
It was recognised that the Trading Disputes technique would require an independent review, so that areas requiring improvement could be identified.
The Trading Disputes technique corrects on average £7.5M (based on Trading Dispute corrections over the last three years) of error in Settlement per year, so it is important for processes to run as efficiently as possible.
Project approach
This project aims to carry out an independent review of the Trading Disputes technique by:
- Obtaining stakeholder feedback;
- Examining feedback;
- Undertaking a Trading Disputes process level review; and
- Considering the effect of mandatory Half Hourly Settlement on Trading Disputes processes
The review will be managed in stages, with planned work on each work stream to be completed on a stage-by-stage basis.
Further information on the Trading Disputes review project approach is available in the Project Initiation Document (PID).
Identified changes
The table below shows the current status of the potential changes and improvements that have been identified so far in the review:
|
Change description | |
|---|---|
|
Using a self-service gateway for the online management of Trading Disputes | |
|
Affected documentation |
BSCP11 Guidance notes |
|
Status |
In progress |
|
Providing consistency around the use of exceptional circumstances | |
|
Affected documentation |
Guidance notes |
|
Status |
In progress |
|
Introducing a Trading Dispute self-assessment to be completed by the Raising Party | |
|
Affected documentation |
BSCP11 Guidance notes |
|
Status |
Pending |
|
Introducing a reduced Settlement Run timetable, post the introduction of market-wide Half Hourly Settlement | |
|
Affected documentation |
BSCP11 BSC Section W Guidance notes |
|
Status |
Pending |
|
Communicating lessons learned exercises and best practices | |
|
Affected documentation |
Guidance notes |
|
Status |
Pending |
|
Providing information on Trading Disputes from the Trading Disputes Committee (TDC) to the Performance Assurance Board (PAB) | |
|
Affected documentation |
Guidance notes |
|
Status |
Pending |
|
Change description |
Affected documentation |
Status |
|
Using a self-service gateway for the online management of Trading Disputes |
BSCP11 Guidance notes |
In progress |
|
Providing consistency around the use of exceptional circumstances |
Guidance notes |
In progress |
|
Introducing a Trading Dispute self-assessment to be completed by the Raising Party |
BSCP11 Guidance notes |
Pending |
|
Introducing a reduced Settlement Run timetable, post the introduction of market-wide Half Hourly Settlement |
BSCP11 BSC Section W Guidance notes |
Pending |
|
Communicating lessons learned exercises and best practices |
Guidance notes |
Pending |
|
Providing information on Trading Disputes from the Trading Disputes Committee (TDC) to the Performance Assurance Board (PAB) |
Guidance notes |
Pending |
Trading Disputes Expert Group
ELEXON has created an Expert Group that will assist with the assessment and implementation of potential changes identified during the review of Trading Disputes processes.
The Expert Group will utilise the experience of TDC Members in the first instance, but may need to invite additional external parties to join the Expert Group in the future if required.
Expert Group meetings will be held on a monthly basis as and when required.
TDC Workshop
ELEXON held a workshop with TDC members in December 2019, where all of the changes that had been identified during Stage One were discussed.
- The slides from the TDC workshop are available