Newscast is ELEXON's weekly email bulletin to the industry. It provides news, activities and developments happening in the previous and following week. Information includes: Modification and Change Proposals, BSC System Releases, Performance Assurance and Data Quality, Improvements to Systems and Processes, Procurements and ELEXON Events.
To subscribe, create an account in our online personalisation facility, myELEXON and select which publications you would like to receive. Newscast is also published on the website under our Newscast publications section.
BSCCo (ELEXON) Business Plan 1 April 2009 - 31 March 2012
The ELEXON Business Plan contains the Business Strategy and Annual Budget. We invited BSC Parties to comment on the Business Plan and responses are published below. After the consultation, we presented the Business Plan to the BSC Panel to approve the Business Strategy and the ELEXON Board to approve the Annual Budget.
ELEXON Limited Report and Financial Statements - 31 March 2008
The ELEXON Report and Financial Statements are prepared as required by Company Law and in accordance with Section B6 of the BSC. The maintenance of the ELEXON website is the responsibility of ELEXON. The work carried out by the auditors does not provide assurance on the maintenance and integrity of the website, including controls used to achieve this, and in particular on whether any changes may have occurred to the financial statements since first published. These matters are the responsibility of the directors but no control procedures can provide absolute assurance in this area.
Legislation in the United Kingdom governing the preparation and dissemination of financial statements differs from legislation in other jurisdictions.
Annual BSC Report
The Annual BSC Report is prepared by the BSC Panel and summarises the Panel's and ELEXON's activities in the preceding BSC Year. More information is available in the Quarterly and monthly BSC Panel Reports spanning the year.
Business Ethics Policy
The ELEXON Business Ethics Policy sets out ELEXON's charter for ethical business conduct.
ELEXON Environmental Policy
ELEXON is a responsible employer who recognises that its operations inevitably have an impact on the environment. ELEXON is committed to respecting the environment and seeks to minimise the potentially harmful effects of its activities as far as is reasonably practicable. Where practical, ELEXON will seek to use providers who have environmental policies compatible with its own. The objective of ELEXON's environmental policy is to aim to continually monitor and reduce its impact on the environment through the use of recycled resources, recycling, safe disposal of electrical and hazardous waste, redundant stationery & equipment and energy saving measures. Please see the ELEXON Environmental Policy
Information Sheets provide a high level overview to core processes and systems under the BSC arrangements. A selection are provided below. A comprehensive listing is available from ELEXON Information Sheets
. The BSC Arrangements
Overview of the Balancing and Settlement Code (BSC) Arrangements
. Credit Arrangements
Overview of Credit Default (82Kb)
. Entering the BSC Arrangements
Overview of BSC Market Entry
. Governance, Modifications and Change
Overview of the Balancing and Settlement Code Modification Procedures
. Settlement Pricing and Cashflows
Overview of System Sell and System Buy Prices
. Trading Charges and Funds Administration
Delivery of Advice Notes, Backing Sheets and Confirmation Notices
. The Performance Assurance Framework and Settlement
Overview of the Trading Query and Trading Disputes Process