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Issue 513 | P323

Issue 513 | P323

Josephine Lord Josephine Lord Consultant

Assessment procedure consultationP323 Enabling Inclusion and Treatment of SBR in the Imbalance Price 11 August 2015 Elexon issued the assessment procedure consultation for this proposal on 31 July, which seeks to enable the value of Supplemental Balancing Reserve (SBR) to be included in the imbalance price calculation without affecting Balancing Mechanism cashflows. The solution proposed means that the cash-out price will be set at the Value of Lost Load (VoLL), set to £3,000 as for P305 Electricity Balancing Significant Code Review Developments, but the original offer price will be used for the purposes of Balancing Mechanism cashflow. The proposal is dependent upon changes ...

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