Performance Assurance Framework
This page will tell you all about the different ways that we monitor and manage your performance against your requirements and obligations within the Balancing and Settlement Code (BSC). Part of Elexon’s role as administrator of the BSC is to monitor the compliance of all BSC parties and to run Performance Assurance activities. There are a number of techniques that Elexon uses to confirm compliance or identify issues that may need to be addressed.
How it relates to you
Each year, the BSC Panel and the Performance Assurance Board (PAB) use the Performance Assurance Framework (PAF) to manage Settlement Risks. The Performance Assurance Framework (PAF) is in place to provide assurance that:
- Energy is allocated between Suppliers efficiently, correctly and accurately
- Suppliers and Supplier Agents transfer Metering System data efficiently and accurately
- Calculations and allocations of energy and the associated Trading Charges are performed within the BSC requirements
Performance Assurance Techniques (PATs) are applied to Performance Assurance Parties (PAPs) based on the Settlement Risks that they pose. To do this, the BSC Panel and the PAB identify, evaluate and prioritise the risks that may occur within Settlement and the extent to which they apply to each PAP. These PAPs include;
- Meter Operator Agent
- Data Collector
- Data Aggregator
- Meter Administrator
- Licensed Distribution System Operator and/ or a Registrant
Settlement Risks are relevant to any PAP which might send, receive or take action in respect of processes, controls or data which relate to the risk in question. The Supplier is a relevant PAP in respect of Settlement Risks relating to the activities of Party Agents.