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

Smart electricity

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

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

Digging deeper into deep hedging

Dynamic techniques and gen-AI simulated data can push the limits of deep hedging even further, as derivatives guru John Hull and colleagues explain

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here