Elexon Ltd is the parent company of a group of companies whose principal role is to provide and procure the facilities, resources and services required for the implementation of the Balancing and Settlement Code (BSC).

We are a not-for-profit entity, funded by electricity market participants. Any funds we have left over from our budget is always returned to market participants.

As a trusted, independent and reliable market expert we continuously look to evolve and innovate so that customers and consumers can feel the benefit.

Purpose

“Serving at the heart of the energy industry, building a path to Net Zero”

Elexon in numbers

What we did in 2022/2023:

2638
Settlement Runs carried out
48
new parties registered
3.35million
Energy Contract Volume Notifications received
42
trading disputes managed, totalling over £6.2m