Proposed electricity imbalance tolerance band (P201)

Utilita proposal (6 pages, PDF) that the first 40MW (20MWh per settlement period) of top-up incurred by electricity suppliers in Great Britain should be charged at 10 per cent over a market price (in cases where P78 does not already provide for settlement at a market price), with the (typically much higher) top-up rate derived from the prices offered for instructions accepted by National Grid only applying to top-up beyond that tolerance band. ELEXON has a dedicated page.

Update, 13 June 2006: Ofgem letter (2 pages, PDF) approving parallel urgent consideration with P202.

For further information or advice please contact Franck Latrémolière.

Filed under BETTA, Electricity, Ofgem.

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