2020/21 BSC Annual Report published

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Today (28 June 2021) we have published our annual Balancing and Settlement Code (BSC) Report and financial statements for 2020/21.

These reports set out our performance against our strategic objectives and our actual spending compared with our budget.

Over the past year our work has continued to help progress to net zero, and we remain focused on delivering the services our customers need. In particular, we have continued to support Suppliers in managing the impact of COVID-19 on the sector.


Highlights from 2020/21 include:

  • Launching the customer solution, the first outward facing component of Elexon Kinnect our new cloud platform. The solution replaces manual form filling with digital market entry and asset registration processes.
  • Working with the industry on P375 ‘Metering behind the Boundary Point’ which was approved by Ofgem in March 2021 (for implementation in June 2022). This ground-breaking change allows the activity of smaller asset owners to be recognised in Settlement
  • Approval of P398 ‘Increasing access to BSC Data’ by Ofgem (and implemented in the June 2021 Release). P398 requires that all data held by Elexon is assumed to be openly available unless the Panel decides otherwise. More organisations will now be able to access BSC data with no additional charges
  • Continuing support for innovation, which has included working with Emergent Energy, the first company which has had a proposal to use the BSC Sandbox approved
  • Leading industry preparation for the implementation of Market-wide Half Hourly Settlement (MHHS). This has included providing technical support to two industry working groups which have been further developing aspects of the MHHS Target Operating Model
  • Continuing to manage our BSC budget efficiently. As Elexon is a not-for-profit company, unused funding is always returned to the BSC Parties. Altogether £6.5 million of the 2020/21 budget will be returned to customers including cost savings


Key statistics on our performance over 2020/21

Our achievements over the past year include:

  • Carrying out 2,561 Settlement Runs
  • Upholding 37 Trading Disputes, correcting a total error of £14.9m
  • Implementing 17 BSC Modifications and 10 BSC Change Proposals


Download the full reports:

Contact Information

Communications Team
[email protected]


Please let us know if you cannot access this information or need it in an alternative format.
[email protected]