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BSC
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Regulation and policy
Industry codes flex for COVID-19
In response to the growing impacts of the pandemic, which has seen electricity demand drop dramatically and industry participants unable to go about many of their usual activities, a series of temporary changes have been introduced across industry codes to mitigate some of the most severe effects. They have all...
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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...
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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...
