List of homepage news articles
This page lists all of the news articles we have produced over the last year. Any news articles older than 1 year are removed from the website as they will have concluded their designated lifecycle. Please contact us if you are looking for specific information on any subjects we have covered.
Consultation: Credit Assessment Price decrease to £177/MWh from 17 May 2022
This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £177/MWh from the current CAP value of £215/MWh. This two-day consultation will close at 17:00 on 28 April 2022.
Outcome
On Tuesday 17 May 2022, the CAP value will decrease to £177/MWh from the current CAP of £215/MWh. As a result, Parties may notice a change in their Credit Cover Percentage and should review the amount of Credit Cover lodged.
- Elexon Circular EL03573
Second BSC Sandbox trial to increase opportunities for flexibility services will launch in September
Centrica is due to begin a trial this September where controllable storage heaters will provide demand-side response (DSR) when needed, by dialling down their demand.
It is the second trial which has been approved by Ofgem to use Elexon’s Balancing and Settlement Code (BSC) Sandbox. The Sandbox allows innovators to trial concepts in a live market environment without having to meet all the usual BSC rules.
Ofgem confirms Elexon will operate key IT data platform to support MHHS
Yesterday (21 April) Ofgem confirmed that the Balancing and Settlement Code will be used to govern and fund the new Data Integration Platform (DIP) to support Market-wide Half Hourly Settlement (MHHS). This means that Elexon will manage the DIP service provider, which is currently being procured through the MHHS Programme.
Simon McCalla talks about his new role as Elexon’s Chief Executive
Source: Elexon corporate websiteI am Simon McCalla and I started as Elexon’s new Chief Executive at the start of April 2022. I’m excited to be joining Elexon and the energy industry at what is both a challenging and critical period.
New system to track electricity by the hour launched
Source: Elexon Corporate websiteA consortium of leading energy organisations led by hourly certificate focused start-up Granular and including European power market Nord Pool, Elexon, Energy Systems Catapult and Unicorn, is launching a new mechanism for hourly renewable energy certificates in Great Britain.