customers in this time of change elexon’s bscco 2019/20 ... · becoming customer centric by...
TRANSCRIPT
Issue 733, 17 December 2018
Coming up this week
18 December Imbalance Settlement Group at 10:00
18 December
Joint European Stakeholder Group at 10:00
18 December TERRE: what does it mean for you? at 10:00
20 December
Performance Assurance Board at 10:00
ELEXON over the festive period
We wish you all a happy holiday and a prosperous New Year. We are operating a fullservice over the Christmas and New Year period except for Monday 24 December(closed from 13:00), Tuesday 25 December, Wednesday 26 December 2018and Tuesday 1 January 2019.
For help with operational matters during the times the ELEXON offices are closed,please contact the BSC Service Desk by phone on 0370 010 6950 or [email protected].
The next issue of Newscast will be published on Monday 7 January 2019.
ELEXON’s BSCCo 2019/20 Business Plan - designed to support ourcustomers in this time of change
Shortly we will publish our draft BSCCo Business Plan for 2019/20 giving you an opportunity to provide yourcomments and feedback on what we plan to deliver.
We know that the energy market continues to change at an ever increasing pace and our Business Plan reflectshow we will evolve to support you while maintaining our high standards of service.
During 2019/20, we will focus on performing above your expectations while contributing to the energytransformation as a trusted code manager.
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We have identified a number of strategic priorities where we will focus our efforts during the year. They include:
Continuing with our Quality Delivery by actively managing our services to deliver in a reliable, economicand efficient wayEnabling Innovation by enhancing and evolving our services to support industry changes anddevelopment of the energy marketIncreasing Engagement by working in partnership to enable ‘whole–system’ approach and industryconvergenceBecoming Customer centric by improving the customer experience and developing richer customerrelationshipsIdentifying Simplification and Consolidation opportunities by reducing complexity and fragmentationCreating a digital platform to meet the changing energy marketSharing our Talented People by developing our end-to-end service capabilities to enable industry tobenefit from our experience.
The plan proposes to develop new market solutions that support regulatory and government policy and activelyfacilitate innovation to benefit our customers and consumers. We are committed to continuing to build on ourhighly regarded end-to-end service model, delivering long-term solutions.
Mark Bygraves, Chief Executive of ELEXON said: ‘We have always focused on putting our customers at the heartof our business and this will continue as these efforts have been well received by our customers and stakeholders,adding value and adapting to our customers’ and market needs.’
We are also hosting a webinar at 10:30 on Tuesday 15 January 2019 where we will talk through the BusinessPlan in more detail. You will also have an opportunity to ask us questions on any aspect of it. Register now ifyou'd like to attend.
To have your say on the BSCCo 2019/20 Business Plan, email the Communications team [email protected].
System Price Analysis Report (SPAR) published
The latest SPAR, reporting on November 2018, is now available on the System Price Analysis Report page ofour website.
The SPAR is our monthly report on Imbalance Pricing, and includes an overview and analysis of the previousmonth’s prices and pricing parameters. The SPAR aims to increase industry understanding of pricing, in light ofthe changes made as part of BSC Modification P305 ‘Electricity Balancing Significant Code Reviewdevelopments’. The first part of this Modification was implemented in November 2015 and further changes as partof P305 came into effect on 1 November 2018.
This edition of the SPAR reports on System Prices in the first month of the November 2018 changes taking effect.On 5 November (Settlement Period 34), six Short Term Operating Reserve (STOR) balancing actions wererepriced using the Reserve Scarcity Price (RSVP). These actions were priced between £24.80/MWh and£38.99/MWh and were repriced by a RSVP of £39.79/MWh. These actions were subsequently Arbitrage Taggedand hence did not set the System Price in this Settlement Period. This is the first time RSVP re-pricing has beenused since 17 May 2017 (Settlement Period 35).
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The De-Rated Margin (DRM) is a measure of the available capacity on the system at Gate Closure, one hourbefore start of the related Settlement Period. The RSVP reflects the scarcity of electricity in the system, and is afunction of the DRM. The RSVP may be used to reprice STOR actions when available capacity is small. On 5November 2018 the minimum DRM was 1,880MW.
For further information, please email [email protected].
NEW Risk Evaluation Register 2019/20 Consultation closing 21 December2018
At its meeting on Thursday 29 November 2018, the Performance Assurance Board (PAB) endorsed the RiskEvaluation Register (RER) 2019/20 for industry consultation.
We invite you to respond to the consultation, which sets out the Settlement Risks identified for 2019/20. This newformat risk register is a key deliverable from the Performance Assurance Framework Review, and is designed tobe more concise, informative and effective.
To help you respond to this consultation, we recorded a webinar to explain the changes in more detail, and youcan view the webinar here.
The proposed RER 2019/20 and questionnaire, along with supporting documents, are published onthe Consultations on Market Entry and Compliance page of the ELEXON website. Please email your responseto [email protected] by Friday 21 December 2018 and we will present the consultation responses to thePAB at its meeting on Thursday 24 January 2019. At this meeting, the PAB, with delegated authority from theBSC Panel, will approve the RER 2019/20 (subject to any changes it deems necessary).
For more information, or if you have any questions, please contact Ryan Dale on 020 7380 4117 or [email protected].
BSC Audit improvement update
We have published some information on the planned improvements to the BSC Audit on our website. Theseinclude:
Audit Intensity and Performance Assurance Parties (PAP) selection: We are now responsible forEntity Selection and determination of Audit intensity. The link below provides the high level criteria forselection for the BSC Audit.
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Data Transfer Network (DTN) testing: ELEXON and the BSC Auditor have worked to improve the DTNtesting, reducing the number of market false positives on certain existing tests ranging from 40% to 94%.To further improve DTN testing and reduce data requests, we have added 12 new data flows to its currentmonthly set.Data Request reduction: ELEXON and the BSC Auditor have used DTN data and wider industry data toreduce the overall volume of data requests. Compared to last year, there has been an approximate 25%reduction in data requests for the 2018/19 Audit.Data site visit notices: We are working to bring notifications of site visits forward, to allow for a longernotification period before the Audit, with the intention of spreading out the Audit period more, with thepossibility of repeat Audits on specific Parties.
For more information, please visit the Four changes to BSC Audit for 2018/2019 page of our website, and if youhave any questions, please email [email protected].
Modifications, Change and Implementation
Modification P375 raised On 10 December 2018, Flexitricity raised Modification Proposal P375 ‘Settlement of Secondary BM Units using
metering behind the site Boundary Point’. P375 proposes to settle Secondary Balancing Mechanism (BM) Units (tobe introduced by P344 ‘Project TERRE’ (Trans European Replacement Reserves Exchange)) using meteringequipment behind the defined Boundary Point for Balancing Services (known as ‘behind the Meter’), rather thansettling using Metering Equipment at the Boundary Point as per current BSC obligations. This allows on sitebalancing-related services to be separated from imbalance-related activities, more accurately reflecting thebalancing-energy volumes provided by the Balancing Service Provider (BSP).
The first Workgroup meeting is likely to be held during the week beginning 21 January 2019. If you would liketo join the P375 Workgroup or attend as a non-voting attendee, please contact Steven Bradford on 020 73804363 or email [email protected].
P376 raised
On 11 December 2018, Enel Trade S.P.A. raised Modification Proposal P376 ‘Utilising a Baselining Methodologyto set Physical Notifications for Settlement of Applicable Balancing Services’. This Modification proposes to allowthe Final Physical Notification, which feeds into the Settlement of Trading Charges, to be created via a BaseliningMethodology. P376 builds on the work of Issue 71.
The first Workgroup meeting is likely to be held in the week beginning 14 January 2019. If you would like tojoin the P376 Workgroup or attend as a non-voting attendee, please contact Matthew Woolliscroft on 0207380 4165 or email [email protected].
P377 raised and issued for Report Phase Consultation
On 13 December the BSC Panel raised Modification Proposal P377 ’Amending Gate Closure references in MarketIndex Data to include trades up to the Submission Deadline in the Market Index Data Calculations’. The 2018Market Index Definition Statement (MIDS) Review concluded that the Market Index Data Providers (MIDPs)should include trades made post-Gate Closure and before the Submission Deadline. P377 seeks to implement therecommendations from the 2018 MIDS Review, which recommended amending Timeband six weighting from ‘1’to ‘0’ if changes are made between Gate Closure and Submission Deadline.
P377 was issued for Report Phase Consultation on 17 December 2018, which you are invited to respond to by
17:00 on Wednesday 2 January 2019.
You can find more information on the P377 page of our website. If you have any questions or would like todiscuss this Modification further, please contact Danielle Pettitt on 020 7380 4314 or [email protected].
Next BSC Panel meeting: 10 January 2019
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The next BSC Panel meeting is on Thursday 10 January 2019 and will start at 10:00 at ELEXON’s offices.
All agenda items will be held in open session (except those deemed confidential) and representatives of BSCParties may attend. The meeting papers and agenda will be available on the BSC Panel meeting page of ourwebsite on Thursday 3 January.
If you would like to attend or have any queries, please email the Panel Secretary by Tuesday 8 January.
December Headline Report published
The BSC Panel met on 13 December 2018 and the Headline Report setting out the headlines and key decisionsof the Panel's most recent meeting is published on our website.
Pre-panel briefing call: Monday 7 January 2019
As we did for the December Panel meeting, we are hosting another pre-Panel teleconference briefing with BSCParties for the January meeting, at 12:30 on Monday 7 January 2019. Discussions will be based on the Panelagenda, to help BSC Parties gain a better understanding of the agenda and answer any questions they may have.
You can dial into the teleconference using the following details:
Teleconference dial in details: 020 7380 4005Conference ID: 1648927
If you have any questions please contact Claire Kerr at [email protected] or on 020 7380 4293.
Next Performance Assurance Board meeting: Thursday 20 December 2018
The next Performance Assurance Board (PAB) meeting is on Thursday 20 December 2018. The open sessionpapers will be published on the PAB meeting page of our website. This month there is only one item in the opensession of the agenda that may of be interest to you:
PAB Strategy: This paper suggests a future strategy for PAB following input from members during astrategy and planning session in October 2018.
ELEXON Disputes decisions
The view of the Disputes Secretariat on Trading Disputes DA952 is now available on the Trading Disputes andDecisions page of our website. If you believe you should have been notified as an affected Party, please email usat [email protected] and we will take the dispute to the Trading Disputes Committee.
Trading Dispute DA952: A Supplier raised Trading Dispute DA952 due to the use of a default Estimated AnnualConsumption (EAC) in Settlement. The dispute does not meet the materiality threshold.
Three new Market Participants
Dunmaglass Wind Farm Limited (Party ID: DNMG) and Stronelairg Wind Farm Limited (Party ID:STLG) have acceded to the Balancing and Settlement Code as of 11 December 2018. Both Parties intend toregister as Generators.
New Anglia Energy (Party Id:NAE1) acceded to the Balancing and Settlement Code as of 13 December2018, and intend to register as a Non-Physical Trader.
If you have any questions about the market entry process, please email [email protected].
ELEXON Circulars published last week
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Since 10 December 2018, we have published five ELEXON Circulars. The Circulars were for information and
related to:
EL02938: Expulsion Notice for Defaulting Party – Emexconsult Ltd EL02937: Appointment of Eddington Energy Supply Limited as Supplier of Last Resort for OneSelect Ltd
EL02936: BSC Default – Utility Professional Business Operations Limited EL02935: BSC Default – Addito Supply Limited
EL02934: Expulsion from the Balancing and Settlement Code – One Wales Energy – Un Ynni Cymru Limited (Party
ID: HYDEPARK)
Circulars are published in the News section of the ELEXON website.
Upcoming meetings and events
3 January - Trading Disputes Committee 8 January - Supplier Volume Allocation Group
15 January - Design Working Group
If you have any feedback on Newscast or any of our other publications, please [email protected]
Our mailing address is:
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