elexon

January 12, 2021

Elexon unveils 2021/22 priorities with new Kinnect platform centre stage

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.

Building a well-integrated grid to link with offshore wind farms could give consumers savings of up to £3 billion according to research by the National Grid ESO. Image: Getty.

January 6, 2021

Ofgem approves BMRS as reporting service for GB following EU exit

In an open letter, Ofgem has approved the use of the Balancing Mechanism Reporting Service (BMRS) for Great Britain following Brexit.

In total the Demand Flexibility Service tests have procured over 1.5GWh of capacity. Image: Getty.

January 5, 2021

National Grid ESO issues another Electricity Margin Notice as temperatures drop

National Grid ESO has once again issued an Electricity Margin Notice (EMN) as tight demand is predicted for this evening.

August 25, 2020

Elexon considers further widening of BM to allow 'more opportunities' for small asset owners

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.

June 8, 2020

Elexon files posted online following May’s ransomware attack

Documents obtained during a cyberattack on Elexon last month have reportedly been leaked on the dark web.

Flexibility strategy: game changer or simply warm words?

June 4, 2020

Project TERRE takes another forward with deployment of settlement software

Project TERRE is continuing to move forward, with technical changes that allow Great Britain to join and trade using the platform deployed.

May 15, 2020

Cyberattack launched at Elexon’s internal IT system

Elexon, the electricity systems administrator, was hit by a cyberattack on Thursday (14 May), although no key systems are thought to have been affected.

Flexitricity aggregated Philip Dennis Foodservice’s two batteries. Image: Flexitricity.

April 24, 2020

Flexitricity hails milestone as first VLP to trade in the new BM

Flexitricity has become the first Virtual Lead Party (VLP) to trade in the balancing mechanism (BM) since the wider access agreements were brought in.

March 5, 2020

Electricity system price rockets to £2,242/MWh as questions raised over calculation methods

The UK’s electricity system price spiked to £2,242/MWh last night (4 March 2020) following lower than expected wind generation during the evening peak.

December 12, 2019

National Grid ESO broadens Balancing Mechanism to allow smaller participants

National Grid Electricity System Operator (ESO) has made changes to its balancing mechanism (BM) that will allow a wider range of participants from today.