Issue 83
Formal title: Ensuring that the Buy Price Price Adjustment reflects all additional balancing costs incurred by NGESO
Current Status
Issue 83 will investigate the components of the Buy Price Price Adjustment to ensure that it is fully reflective of the costs incurred by National Grid Electricity System Operator.
The Issue will consider the principles set out in Article 52(2) of the Commission Regulation (EU) 2017/2195 of 23 November 2017, establishing a guideline on electricity balancing to assess how the components of the Buy Price Price Adjustment can continue to be used in the Imbalance Price calculation. This will aim to ensure that it continues to be reflective of the actions taken by National Grid Electricity System Operator.
In addition to this, Issue 83 will consider what components are included in the Buy Price Price Adjustment, including reserve actions, to ensure that it continues to be properly reflective.
Progression
The Issue 83 Report was tabled at the Panel’s meeting on 8 April 2021.
Issue 83 was paused following the raising of P410 ‘Changing imbalance price calculations to comply with the Imbalance Settlement Harmonisation regulations’, which may have made consequential changes to the BPA. In March 2021, the P410 Proposer concluded that the Modification was no longer needed and stated their intent to withdraw the Modification. Following the conclusion of P410, the Issue 83 Proposer determined that with changes to industry priorities, they did not see sufficient value in continuing Issue 83 discussions.
The second meeting was be held on 11 October 2019.
The first meeting was held on 7 August 2019.
Issue 83 was raised by Sembcorp Utilities (UK) on 1 July 2019.