Elexon has hailed a "ground-breaking" modification to the Balancing and Settlement Code (BSC) that will allow individual asset meters to be used for settlement purposes.
Elexon has thrown its weight behind a reorganisation of both the system operator (SO) roles and code arrangements to develop a ‘holistic’ system that can support net zero.
The volatility in the energy market has continued this week, with National Grid ESO issuing another Electricity Market Notice (EMN) while day ahead prices just to almost £1,500/MWh.
Elexon has outlined its priorities for 2021/22 in its draft business plan for the year, with its new platform Kinnect at the forefront of its activities.
Elexon is consulting on proposed changes to the Balancing and Settlement Code (BSC) that would allow individual asset meters to be used for settlement purposes, widening the Balancing Mechanism (BM) once again.
Elexon, the electricity systems administrator, was hit by a cyberattack on Thursday (14 May), although no key systems are thought to have been affected.
