Elexon has launched a consultation on an urgent modification needed to implement and administer payment to suppliers as part of the Government’s Energy Price Guarantee.
Ofgem has approved the request to treat Balancing & Settlement Code (BSC) Modification P438 – which covers the implementation of sanctions – as urgent.
To tackle greenwashing energy tariffs and accelerate the decarbonisation of the power system, carbon should be tracked through the electricity system in real time.
Five more suppliers have defaulted out of Elexon’s Balancing and Settlement Code (BSC), as energy suppliers continue to struggle amid market pressures.
