Rapid changes to UK power as gates open for smart consumers
Elexon’s proposed modifications to the UK’s Balancing and Settlement Code will have a huge impact on forecasting and risk management processes for UK and international suppliers
It’s rare one feels inclined to cheer loudly at the prospect of any modification to the UK’s Balancing and Settlement Code (BSC), unless it improves customer choice in electricity supply.
The BSC is the principal document that defines the rules and governance for electricity trading, balancing and settlement in the UK; Elexon is the body that administers the balancing and settlement market.
If Elexon’s current proposed changes to the supplier hub are adopted, customer choice will be greatly
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