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.
Articles tagged with: VLPs
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.
Elexon readies for widening of BM participation as Project TERRE pushed back
Elexon, the body tasked with delivering the Balancing and Settlement Code, has launched a new Wider Access Impact Assessment and new Testing Strategy.