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Market research & Insight

Issue 404 | Electricity SCR

Issue 404 | Electricity SCR

Josephine Lord Josephine Lord Consultant

Ofgem final policy decisionElectricity Balancing Significant Code Review 20 May 2014 Ofgem issued its final policy decision for the Electricity Balancing Significant Code Review (EBSCR) on 15 May. It was issued together with an impact assessment, supporting analysis for the impact assessment by consultants Baringa, a direction to National Grid to raise BSC modification proposals and draft business rules for potential use in these proposals. The regulator has confirmed its intention to make cash-out prices more marginal, to include a cost for disconnections in cash-out, improve the way that reserve costs are priced and to move to a single cash-out price. However, it ...

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