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Issue 636 | P342

Issue 636 | P342

Josephine Lord Josephine Lord Consultant

Assessment Procedure ConsultationP342 Change to Gate Closure for Energy Contract Volume 4 October 2016 The assessment procedure consultation for this proposal, which was raised by EDF Energy, was issued on 20 September. The proposal would introduce the concept of a “Final Energy Contract Volume Notification (ECVN) Submission Time” for each Settlement Period. This would be decoupled from the current Gate Closure time one hour ahead of the settlement period and instead be set 30 minutes after the end of the settlement period. This would mean that energy trades could continue to be notified until the initial imbalance price had been issued. The ...

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