Rapid changes to UK power as gates open for smart consumers
Elexon’s proposed changes to the UK’s Balancing and Settlement Code will have a huge impact on forecasting, says expert
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
More on Electricity
Interest in battery and flexibility soars in European energy markets
Energy traders are structuring bespoke contracts around Bess and flexibility that facilitate new ways of managing and sharing risk in this nascent market
Axpo interview: the rise of flexibility contracts in European power
Axpo’s Domenico Franceschino talks to Energy Risk about flexibility contracts, battery optimisation and the role of risk management in valuing these bespoke products
US power markets grapple with surging AI demand
Through rising demand and increased market participation, technology giants are transforming US power markets
CRO interview: Shawnie McBride
NRG’s chief risk officer Shawnie McBride discusses the challenges of increasingly interconnected risks, fostering a risk culture and her most useful working habits
Energy Risk Europe Leaders’ Network: geopolitical risk
Energy Risk’s European Leaders’ Network had its first meeting in November to discuss the risks posed to energy firms by recent geopolitical developments
Energy Risk US Leaders’ Network: tackling volatility
Energy Risk’s inaugural US Leaders’ Network convened in Houston in October to discuss risk management challenges caused by geopolitical upheaval, policy uncertainty and volatility
Uncertainty causes rethink on clean energy investment
Waning enthusiasm for net-zero pledges, environmental policy shifts, funding cuts and US tariffs are causing clean energy investors to retreat
Interview: Nodal Exchange’s Paul Cusenza
The fundamentals driving electricity prices, growing confidence in state-driven environmental programmes and Nodal’s share of the US zonal power markets
