balancing and settlement code

  • Low carbon generation

    Black-out, what blackout? The curious case of unexciting imbalance prices on 9 August

    As a self-confessed imbalance pricing geek, one of my first questions as I stood stranded in St Pancras station on Friday evening 9 August, was: what was the imbalance price? And was it £6,000/MWh? Spoiler: it wasn’t, and it shouldn’t have been – but we might see imbalance prices of...

  • Regulation and policy

    Can Capacity Market costs be recovered via a ‘mirroring’ process in the Balancing and Settlement Code?

    Elexon confirmed on Monday (10 December) that Issue 76 Using the BSC to support Suppliers and the Capacity Market Arrangements has been formed and the first meeting will take place next Monday (17 December). The outcomes of this process have the potential to enable suppliers to collect payments from their customers for...