List of BSC Insights
If significant events or changes occur within the electricity industry we will analyse and offer insight into what has happened and why. The impartial insight articles are written by our industry experts, who have a wealth of experience and knowledge. These findings are supported by a large amount of industry data.
Latest insight articles
BSC Insight: ‘Event-driven’ architecture can help to release the value of energy data
This BSC Insight article, written by Peter Stanley, Director Digital Operations at Elexon, explains why Elexon would be best placed to operate ‘Event-driven’ IT architecture (EDA) to support Market-wide Half Hourly Settlement which is due to be implemented in GB in October 2025.
BSC Insight: What is driving the latest increases in Credit Assessment Price?
In this BSC Insight article, our data analyst Mehdi Jafari outlines the recent trends in forward market prices and how we measure the Credit Assessment Price (CAP) process effectiveness against the System Buy Price. The article also provides an update on our Insight Article in May 2021, where the sixth CAP change of 2021 was in process.
BSC Insights: Why did the average System Price increase in 2021?
In this BSC Insight our Senior Product Analyst, Emma Tribe, shows how the high wholesale gas prices have caused System Prices to increase to record levels in 2021.
BSC Insights: a review of 2020
COVID-19 dominated the news in 2020; however, it was not all that happened. In this article, the Analysis and Insight team review 2020 and focus on the consistencies and inconsistencies witnessed. They use BMRS data to review the Fuel Mix, the make-up of BSC Parties, the Energy Imbalance Volume, and the overall electricity demand. While all of these were impacted by COVID-19, the data also demonstrates some consistencies with previous years despite COVID-19’s impact.
BSC Insight: What is Credit Cover and how does the Credit Assessment Price affect it?
The Credit Assessment Price has changed nine times in 2021 and we recently consulted on increasing the Credit Assessment Price again to a record high of £184/MWh. The Credit Assessment Price is used as a proxy for future Energy Imbalance Prices in the calculation of Credit Cover requirements. Emma Tribe, our Senior Product Analyst from the Analysis and Insights team, explains how the Credit Assessment Price is related to a Parties Credit Cover requirements.
BSC Insight: How to find your own insights from Supplier Market Share data
In this BSC Insight, Emma Tribe our Senior Product Analyst and Nick Groves our Data Steward Lead, demonstrate some of the insights that are possible using data from the Quarterly Supplier Market Share report from Elexon.