Help on Using This Site
 
 
What's New for the November 2009 release?

P217 Modification
The P217 Modification is a change to the System Price Calculation and as a consequence it has impacted a number of the existing pages on the BMRS website as well as creating some new pages. Details of each web page impacted are given below.
 
Upgraded System Prices Page
The format of the table in this page will vary depending on whether the Settlement Date viewed is pre or post P217. For post P217 there is a change to the table columns and the inclusion of two additional links to the Detailed System Prices and Disaggregated BSAD pages. An XML download is now available in addition to the CSV download. The NRT version of this page is now self maintaining (details).
 
New Detailed System Prices Page
This new page has been added to report details of the Indicative System Price calculation's workings. It displays data for a single Settlement Period, it shows details of both the Buy and the Sell stack, and it gives a summary of the Main and Reverse Price calculations. The page includes both CSV and XML download. This page is accessible from the pull down menu and also via a link against each Settlement Period on the System Price page. This page only displays data for Settlement Days after the P217 implementation date.
 
Upgraded Balancing Services Adjustment Data Page
This page has been upgraded to include a link to the associated Disaggregated BSAD data against each displayed Settlement Period. This link will only be present for post P217 Settlement Periods. An XML download is now available in addition to the CSV download. The NRT version of this page is now self maintaining (details).
 
New Disaggregated BSAD Page
This new page has been added to report Disaggregated BSAD data (Balancing Services Adjustment Actions) for a specified Settlement Period. The page includes both CSV and XML download. This page is accessible from the pull down menu, via a link against each Settlement Period on the Balancing Services Adjustment Data page, and also via a link against each Settlement Period on the System Price page. Like the Balancing Services Adjustment Data page this page shows either the most recent data or the data associated with the System Price calculation, depending on the context in which it is navigated.
 
Upgraded Derived BMU Data Page
The format of the Indicative Period BM Unit Acceptance Volumes table in this page will vary depending on whether the Settlement Date viewed is pre or post P217. For post P217 individual Acceptance Volumes are broken down into a number of different values: Original, Tagged, Re-priced and Original Priced. An XML download is now available in addition to the CSV download. The NRT version of this page is now self maintaining (details).
 
Amended Physical BMU Data Page
The format of the Bid-Offer Acceptance Level Data table in this page will vary depending on whether the Settlement Date viewed is pre or post P217. For post P217 an additional column 'SO-Flag' is included to display this new associated data value.
 
 
 
Further BMRS Website Help

The Help page for the BM Reports web site is divided into four sections, each of which may be accessed independently, as follows:
 
Top
This section explains the mechanics of how to access the site and search for information. It is structured as the answers to a series of frequently asked questions, as follows:
How do I use reports?
What is the High Grade BMRA service?
What is the Low Grade BMRA service?
What are self-maintaining pages?
What format should I use for a BM Unit Identifier?
How do I use the BM Unit search facility?
How do I find a BM Unit's Fuel Type?
How do I use the Historic BM Unit Data Pages?
How do I control what data appears on a graph?
How do I save data in CSV format?
How do I save data in XML format?
What date format does this site use?
What DateTime format does this site use?
How do I calculate Settlement Periods?
Why is the 'Download as CSV' link missing from the NRT BSAD page?
What are the browser requirements for this site?
What is the BMRA Software Version Number of this site?
 
Top
This section gives a ‘road map’ of the site. It explains what the main types of data are which can be found on the site, and where this data is derived from. The reports to be found on the site are as follows:

Market View

Electricity Data Summary

National Data
Market Summary
Forecast
Initial Demand Out-Turn
NONBM Instructed Volumes
System Prices
Balancing Services Adjustment Data
Market Index Data

Zonal Data
Zones
Day & Day Ahead (Demand)
Day & Day Ahead (Margin)
Pictorial Representation

BM Unit Data
Physical Data
Dynamic Data
Bid-Offer Data
Derived Data
Balancing Services Volume Data

System Warnings and Other Messages

SO-SO Trades

Trading Operation Report

Credit Default Notices
 
Top
Much of the data which is displayed on this site cannot be fully appreciated without a basic understanding of the New Electricity Trading Arrangements (NETA), and in particular the Balancing Mechanism (BM) operated by the National Grid Electricity Transmission (System Operator), which is a fundamental part of NETA. This section provides a brief and unofficial summary of the principles under which the BM operates, with links where appropriate to the primary documentation. The topics covered in this section are as follows:
What is NETA?
What is the Balancing Mechanism?
What are the Balancing Services and BSAD?
What is a Balancing Mechanism Unit (BM Unit)?
What is a Trading Unit?
What is a Settlement Period?
What is Gate Closure?
What are the System Prices?
 
Top
This section gives definitions of the many technical terms which are used on this site. The majority of these are formally defined in other documents, and links to these documents are also given. The terms which are defined are as follows:

ABSVD ABV AOV BD BOAL BOD BPA BSAD DISBSAD EAD EBCA EBVA EEA EI ESCA ESVA FPN FREQ FUELHH FUELINST FUEL TYPE IMBALNGC INDDEM INDGEN INDO INDOD INDODHIGH INDODLOW INDODNORMAL ITSDO MDP MDV MEL MELNGC MID MIL MNZT MZT NDB NDF NDFD NDFW NDO NDZ NIV NONBM NONBM P217 PABV PAOV PAR PDC POWER PARK MODULES QAS QPN RDRE RDRI RURE RURI SBP SBVA SEL SIL SPA SPLD SPLW SSP SSVA TEMP TEMPHIGH TEMPLOW TEMPNORMAL TRIAD TSDF TSDFD TSDFW UABV UAOV WINDFOR

Clicking on the link to a section will take you to the required location in the Help system.

Further assistance on the use of this site can be obtained from the Help desk operated by the BSC Central Services agent, either by telephone, +44 (0)870 010 6950, or by email at BSCServiceDesk@logica.com
 
 
 
How to use the site

How do I use reports? Top
All reports on the site are accessed from the BM Reporting page (also known as the Market View or Inner Homepage), where you can select the report you wish to run from the menu. Each report is launched in a new browser window.

The set of reports which is available is described in the Overview of the main pages. These allow you to investigate events in the Balancing Mechanism at the overall market level, and then to drill down to look in more detail at the operation of individual BM Units. For an initial explanation of the concepts involved, please see the Market Principles section of the site.

Some reports, such as the BM Unit ones, require user input before running. For example you may need to specify a BM Unit Identifier and date. The formats you should use are specified in this help text.

 
What is the High Grade BMRA service? Top
The BMRA High Grade service is a dedicated private communications network, over which the BMRA data is broadcast to subscribing participants as soon as it is available. The effect of this is that charts and tables accessed using the High Grade service will receive Near Real Time updates. Features listed in this Help Guide that refer only to the High Grade service will have the following symbol:
 
What is the Low Grade BMRA service? Top
The alternative to the BMRA High Grade service is the public web site, www.bmreports.com. Data is made available to the High and Low Grade services at the same time, but some of the pages on the Low Grade service will require the user to use their browser's Refresh facility to retrieve the latest data.

The Low Grade website features a different page layout, a different menu system, improved usability features and other features not available on the High Grade BMRA service.

Where features described in this help text are specific to the Low Grade service, this is indicated by the Low Grade Icon.

 
What are self-maintaining pages? Top
Many of the pages on both the High Grade and Low Grade services are self-maintaining as indicated by the following icon: These pages will periodically auto-refresh to show the latest data.

 
What format should I use for a BM Unit Identifier? Top
BM Unit Identifiers consist of alpha-numeric characters, hyphens (-) and underscores (_). If you attempt to run a report using any other characters in the BM Unit Identifier field an error message will be displayed. You will not be warned if you enter a BM Unit Identifier that does not exist.

If you are not sure what BM Unit Identifier(s) to use, you can use the BM Unit search facility. The Low Grade website additionally provides active dropdown list of values for this field where it is relevant to the report which has been requested.

A list of all BM Units and Ids and BSC Parties can also be found on the ELEXON website, as downloads from http://www.elexon.co.uk/marketdata/staticdata/CRSRegistrationData/default.aspx

 
How do I use the BM Unit search facility? Top
You can search for a BM Unit Identifier by following the BM Unit Search link from the navigation menu on the BM Reporting page. On the BM Unit Search page you can enter the criteria for the search (any one or more of the fields may be used). The '*' symbol can be used for wildcard searches in any field in the top pane and at any point in the field. The list returned in the bottom pane will show all matching BM Units, irrespective of whether they are currently active or not (as you may need an old BM Unit in order to display historical data).

For example, entering *EGG* (or *egg* - the search is not case sensitive) in the BM Unit ID field will return a list of all the BM Units whose ID contains that string at any point – for example, this would return a list of BM Unit Ids which would include (if they existed) T_EGGHAM, T_WREGGLESHAM and E_KLEINESCHEIDEGG. Simply entering * will return a list of all the BM Units (and in some cases more than one record for a BM Unit will be returned, if its ownership has changed at some time).

The BM Unit Type field can have values with the following meanings:

T - Directly Connected to Transmission System
E - Embedded in Distribution System
I - Interconnector User
G - Supplier (base)
S - Supplier (additional)
M – Other
Lead Party Name and NGC BM Unit Name are textual description fields.

When the Go button is clicked, the matching BM Units are listed in the lower pane with further navigation options.

From the lower pane, any of the BM Unit detail pages can be launched and the BM Unit Identifier is automatically carried forward into the launched page.

For Near Real-Time pages (NRT), the Go button is automatically invoked. For Historic pages, if the Settlement Date and Settlement Period fields are completed they are carried forward into the launched page and the Go button is automatically invoked. If the Settlement Date and/or Settlement Period are not competed, the new screen waits for input.

You can also download the returned BM Units in CSV format.
 
How do I find a BM Unit's Fuel Type? Top
A spreadsheet showing a BM Unit’s primary fuel type is provided on this site here. This spreadsheet does not cover any secondary fuels used by the BM Units and is updated upon receipt of updated information from National Grid.
 
How do I use the Historic BM Unit Data Pages? Top
The BM Unit Data Pages (Physical, Dynamic, Bid-Offer, Derived and Balancing Services Volume) allow data from multiple BM Units for a single Settlement Period to be retrieved. To achieve this, the top section of each of these pages lets you enter search criteria to select the BM Units of interest. The wildcard character (*) can be used in these fields to help select the right BM Units.

When using the BM Unit Data Pages in this way, if more than 1 BM Unit is retrieved, the following restrictions apply:
  • For the Physical, Dynamic, Bid-Offer and Derived pages: Only 1 Settlement Period can be specified (i.e. the wildcard character cannot be used in that field)
  • No charts or graphs will be displayed, just tabulated data, but this data may be reordered by using drop-down list boxes and clicking the Go button
  • For the High Grade Site only the number of BM Units retrieved cannot exceed 50.
If only 1 BM Unit is retrieved the pages show graphs and charts where appropriate and allow data across multiple Settlement Periods to be retrieved.
 
How do I control what data appears on a graph? Top
Most of the reports display data plotted in a chart with a table detailing the values. Below each chart there is a corresponding key with checkboxes next to each field. These checkboxes toggle the visibility of each field displayed on the chart. The Y-axis scale on the graphs automatically adjust to reflect the data being shown.
 
How do I save data in CSV format? Top
The reports on this site allow you to download the displayed data in Comma Separated Values, or CSV, format. To view data in this format click the CSV or CSV link on the report page. This will open a new browser window with the data displayed in CSV format. To save this to a file follow the instructions below:

Internet Explorer Users

  1. From the menu bar select 'File' then 'Save As...'
  2. This opens a 'Save' dialog box
  3. Select a location to save the file to
  4. Enter a suitable name into the 'File name' box, e.g. csv or csv.txt
    Important - If you enter a file extension it must be .txt
  5. Change the 'Save as type' to Text File
  6. Click 'Save'
 
How do I save data in XML format? Top
The Electricity Data Summary page allows for data in certain sections to be downloaded in XML format. This data can be saved as a normal text file using the browser's dialogue boxes after clicking the appropriate XML link. A limited number of other pages allow also all data shown to be downloaded as a single XML file.
 
What date format does this site use? Top
All dates should be entered in the format: YYYY-MM-DD.
For example 1st February 2000 is 2000-02-01.

The Low Grade site provides calendar functionality for frequently used pages allowing the desired Settlement Date to be specified.

 
What DateTime format does this site use? Top
All dates should be entered in the format: YYYY-MM-DD HHMM
For example 1st February 2000 7:00 PM is 2000-02-01 1900All DateTimes are displayed in GMT.
 
How do I calculate a Settlement Period? Top
Settlement Periods are always based on Local Time and Period 1 is always 0000hrs (midnight) Local Time. A Normal Day has 48 Settlement Periods, whereas a Short Day (clocks go forward) has 46 and a Long Day (clocks go back) has 50.
A conversion table between Settlement Period and Local/GMT Time is shown below:

SETTLEMENT PERIOD WINTER SHORT DAY SUMMER LONG DAY
GMT GMT BST GMT BST BST GMT
1 0000 0000   2300 0000 0000 2300
2 0030 0030   2330 0030 0030 2330
3 0100 0100 0200 0000 0100 0100 0000
4 0130 0130 0230 0030 0130 0130 0030
5 0200 0200 0300 0100 0200 0200 0100
7 0300 0300 0400 0200 0300   0200
9 0400 0400 0500 0300 0400   0300
... ... ... ... ... ...   ...
41 2000 2000 2100 1900 2000   1900
43 2100 2100 2200 2000 2100   2000
45 2200 2200 2300 2100 2200   2100
47 2300     2200 2300   2200
48 2330     2230 2330   2230
49             2300
50             2330

Alternatively entering * in the Settlement Period field will return data for all periods in the Settlement Day requested.
 
 
What are the browser requirements for this site? Top
This site has been written for Internet Explorer, version 7. Internet Explorer 6 and 7 are the supported browser versions.

The Sun Java Virtual Machine must be enabled in your browser. The recommended version is JRE 1.6 (also known as 6) the latest update for which is available at http://java.sun.com/. After installation of JRE 1.6 Low Grade users should open Internet Explorer and go to Tools > Options > Advanced Tab. Check the "use JRE 1.6" option and restart Internet Explorer. High Grade Users are advised to Contact Us for configuration details.
The Adobe Flash Player browser plugin is also required to display some of the graphs. This is available for download from Adobe http://www.adobe.com/products/flashplayer/.

 
What is the BMRA Software Version Number of this site? Top
This web site is built using Version build_8d of BMRA software.
 
 
 
Reports Guide - Overview of the main pages

Top
This section of the site gives an overview of the main reports which are to be found on the site. It is structured in the same order in which the reports are presented.

Much of the data which is presented on the site is produced by the System Operator, and is passed to the BMRS for publication. The descriptions of the data given below are deliberately brief, and the majority of the data items involved are defined in the Glossary section of this page. The Glossary also contains references to the original documentation where the definitive descriptions of the items are given. Much of this definitive information can be found on a web site which the System Operator maintains for the purpose at www.nationalgridinfo.co.uk; particularly in the Balancing Services and Grid Code sections of that site.
 
 
 
Reports Guide - Market View

Market view page Top
The market view page is the first page presented after selecting the BM Reporting link from the banner menu on the High Grade site or is available from the General menu on the Low Grade site. The menu allows access to every individual report on the site, each of which is explained below. The main categories of report which can be accessed from this page are:

  • National Data
  • Zonal Data
  • BM Unit Data
  • System Warnings and other messages (available under the General menu on the low Grade site)
Each of the first three categories then has a sub-menu of the individual reports available.

The main page also provides an overview of the current state of the market, consisting of the National Forecast, Initial Demand Out-turn and System Prices reports (all of which can also be accessed through the National Data menu) and in addition provides information on when data was last broadcast through the 'Ticker'.
 
Ticker Top
The Ticker provides Near Real Time information on when data was last broadcast. The data will consist of:

  • the date the last Demand Forecast was issued
  • the date and period of the latest Derived Data and hence System Prices
  • the date and time of the last System Warning
Moving the mouse cursor over any of the text will stop the Ticker from scrolling and clicking on the 'System Warning' text will display details of the last System Warning. Any new information that appears on the Ticker will differ in colour and flash.

The Ticker can also be used to track acceptances of any BM Unit.

To track the acceptances of a BM Unit

The tracking of acceptances is only applicable to the Ticker on the Market View page.

  1. Enter the BM Unit Identifier in the text box
  2. Click the (Add) Button.
Any acceptances of the BM Unit will now be broadcast through the Ticker.

To remove all BM Units from the Ticker click the (Clear All) Button.
 
 
Reports Guide - Electricity Data Summary

Top
The Electricity Data Summary page is a self-maintaining page that provides a summary view of many key pieces of Electricity Market data. Some of the data items on the Electricity Data Summary page are available on other pages within the BMRS website but other types can be found only on this page. The section descriptions indicates which data items can be found only on this page.

The page is divided into distinct sections that can be reached by either scrolling down the page or directly by clicking on the section description in the menu on the left of the page. Each section can be toggled from display by ticking and unticking the checkbox next its lefthand menu entry. These checkbox settings are stored in a Cookie so that the page content settings are retained across browser sessions.

The page sections are as follows:

  • System Warnings - Lists the System Warnings relating to system problems or imminent demand reductions that are still in effect for time ranges that cover today and tomorrow.

  • Peak Demands - Lists the TSDF peak values for yesterday, today and tomorrow, and the peak ITSDO value for yesterday.

  • Indicative Triad Demand Information - Lists up to 3 peaks of ITSDO data from either the current or previous TRIAD and up to 3 peaks of TSDFW data from the current or future TRIAD. The ITSDO peaks must have 10 clear days of separation between them and are sourced from historic dates in either the current Triad Season if the current date falls within a Triad Season or the previous Triad Season, if the current date falls outside a Triad Season. The TSDFW peaks will not be in consecutive weeks and are sourced from forthcoming dates in either the current Triad Season if the current date falls within a Triad Season or the next Triad Season, if the current date falls outside a Triad Season. Note that there may not always be sufficient temporal separation to provide 3 peaks.

  • Recent System Prices - Lists the maximum SBP and the time that the peak occurs, and the minimum SSP and the time that the peak occurs, for today and the previous 3 days.

  • Market Imbalance - Graphs the NIV values for yesterday and today.

  • System Prices - Graphs the SBP and SSP values for yesterday and today.

  • System Demand - Graphs the TSDF and ITSDO values for yesterday, today and tomorrow.

  • Rolling System Frequency - Graphs the last 60 minutes of FREQ data. This section also allows the current data to be displayed in a table in a pop-up page from where a rolling 48 hours of historic data may also be downloaded. System Frequency data is not available on any other BMRS webpage.

  • Rolling System Demands - Graphs the System Demand derived as the sum across all fuel types in the FUELINST data received over the last 60 minutes. Note that negative Interconnector flow values (exports from the GB Transmission System) are capped at zero.

  • Day/Day Ahead Demand & Gen - Graphs the TSDF and INDGEN values for today, tomorrow and the day after.

  • 2-14 Day Ahead Demand - Graphs the TSDFD values for 2 - 14 days ahead.

  • 2-14 Day Ahead Surplus - Graphs the SPLD values for 2 - 14 days ahead.

  • Long Term Surplus - Graphs the SPLW values for 2 - 52 weeks ahead.

  • Temperature Data - Graphs a rolling 3 months of TEMP, TEMPNORMAL, TEMPHIGH and TEMPLOW data. This section also allows the current data to be displayed in a table in a pop-up page from where a rolling 6 months of historic data may also be downloaded. Temperature data is not available on any other BMRS webpage.

    Effective temperature (TE) is a variable that is used in National Grid and the energy industry generally to estimate the variation of demand in relation to temperature change. Actual weather data is received by National Grid from National Grid's weather data provider for 6 weather stations around the UK (Heathrow Bristol, Birmingham, Leeds, Manchester and Glasgow). TE12 is the weighted average TE of these 6 weather stations at 12:00 hrs calculated using the formula below.

    TE measured in oC is the average of a moving average temperature T0 and the TE of 24 hours before.

    TEt = 0.5 (T0t + TEt-24)

    Where T0t at hour t is the average spot temperature of the 4 hours immediately before hour t =



  • Peak Wind Generation Forecast - Lists the peak WINDFOR value, the time of the peak and the total peak capacity of all visible windfarms (ie. those that have operational metering and are included in the latest forecast process). This section also allows details of the current set of Power Park Modules to be downloaded. Wind Forecast data is not available on any other BMRS webpage.

  • Wind Forecast Out-turn - Graphs the initial and latest WINDFOR values as bars and the Wind component of the FUELHH data for yesterday, today and tomorrow. This section also allows the current data to be displayed in a table in a pop-up page from where it may also be downloaded. Wind Forecast and Out-turn data is not available on any other BMRS webpage.

  • Generation by Fuel Type (table) - Lists the latest FUELINST and FUELHH values broken down by fuel type. In addition, a rolling 24 hour MWh value derived from the appropriate FUELHH values is shown. As this section is concerned with the breakdown by fuel type of total positive generation to meet all Transmission System Demand, any fuel type categories with negative values will be capped to zero in this section. For each timeframe, the generation total is calculated and shown and the percentage of that total represented by each each fuel type is calculated. This section also allows a rolling 24 hours of FUELINST data to be displayed in a table in a pop-up page from where it may also be downloaded.

  • Generation by Fuel Type (graph) - Graphs a rolling 24 hours of FUELHH values broken down by fuel type. As this section is concerned with the breakdown by fuel type of total positive generation to meet all Transmission System Demand, any fuel type categories with negative values will be capped to zero in this section. This section also allows the current data to be displayed in a table in a pop-up page from where a rolling 3 months of historic data may also be downloaded. Generation by Fuel Type data is not available on any other BMRS webpage.

  • Daily Energy Transmitted - Graphs a rolling 3 months of INDOD, INDODNORMAL, INDODHIGH and INDODLOW data. This section also allows the current data to be displayed in a table in a pop-up page from where a rolling 6 months of historic data may also be downloaded. Daily Energy data is not available on any other BMRS webpage.

  • Average Half Hourly Interconnector Flows - Graphs the Interconnector components of the FUELHH data for yesterday and today. This section also allows the current data to be displayed in a table in a pop-up page from where a rolling 30 days of historic data may also be downloaded. Interconnector Out-turn data is not available on any other BMRS webpage.
 
 
Reports Guide - National Data


Market Summary Top
The Market Summary menu contains two types of report, each of which is presented in two options:
  • Market Depth - This page displays the IMBALNGC, Offer Volume, Bid Volume, Accepted Offer Volume (AOV), Accepted Bid Volume (ABV), Unpriced Accepted Offer Volume (UAOV) and Unpriced Accepted Bid Volume (UABV) across the entire Balancing Mechanism. This page publishes data as it becomes available, from the first period of the previous day up to the current period of today. Note that at any given time the data for the current day will be incomplete, as the different data items displayed are received from the System Operator or calculated within the BMRS in differing timescales. For example, the IMBALNGC data for a given Settlement Period is received in advance of the Bid and Offer Volumes, which are not received until Gate Closure; and the remaining values cannot be calculated until after the end of the Settlement Period.

  • Historic Market Depth - Enter a (historic) date to view the Market Depth Data for that day (if no data is available for the date requested an error will be returned). The set of data which is displayed will show all of the items which were defined for the date in question.

  • Market Activity - This page displays the latest Bid/Offer Acceptances (BOAs) which have been recorded by the System Operator for all BM Units. For each BOA the BM Unit will be identified, together with the Acceptance ID allocated by the System Operator, the time at which the BOA was issued and the time at which delivery of the BOA must commence (the times are usually only a few minutes apart). The details are listed in reverse chronological order (i.e. most recent first) from top to bottom, and from the left column to the right column. When data reaches the bottom of the far right column, data will begin to overwrite previous data from the top of the left column.

    • Near Real Time - The Market Activity chart will automatically update. New acceptances will appear in red.
    • Latest / Low Grade - The 84 latest acceptances are displayed. These may stretch back over a number of periods.


    • The information given on the Market Activity screen is intended to allow the individual BOAs to be cross-referenced to the individual BM Unit data (see below)

  • Historic Market Activity - Enter a date and a Settlement Period number to view the list of BOAs issued for all BM Units for that period. Note that the wildcard character (*) is not acceptable here (because of the large number of BOAs which would be returned) – a valid Settlement Period number must be entered.
 
Forecast Top
The National Forecast menu contains 4 reports, each of which displays data which has been produced by the System Operator in accordance with the various requirements of the Grid Code:
  • Day and Day Ahead (Demand) - This chart displays the National Demand Forecast (NDF), Transmission System Demand Forecast (TSDF), Indicated Demand (INDDEM) and Indicated Generation (INDGEN) data for the current and following days, in both chart and tabular form. Initial National and Initial Transmission System Demand Forecasts for the following day are normally received by 9a.m. and are published on the BMRS as soon as they are received (the data is produced by the System Operator for a period known as an Operational Day, which runs from 5 a.m. to 5 a.m., and is displayed accordingly). The MELNGC, IMBALNGC and TSDF elements of this information DO take into account Station Transformer Load, Pump Storage Demand and Interconnector flows, but the NDF excludes them. Note that the Initial Day and Day Ahead Transmission System Demand forecast (9 a.m.) assumes a value of zero for the Interconnector and Pumped Storage Demand components.

  • Day and Day Ahead (Margin) - This page displays the Indicated Margin Data and Indicated Imbalance data for the current and following days, in both chart and tabular form. Like the Day and Day Ahead (Demand) forecast, the data displayed in this forecast is updated for an Operational Day at a time. The MELNGC and IMBALNGC elements of this information DO take into account Station Transformer Load, Pump Storage Demand and Interconnector flows.

  • 2 - 14 Day Ahead - This page displays the forecasts produced each Business Day by the System Operator of the National Demand (NDFD), Transmission System Demand (TSDFD) and National Surplus (SPLD) for the predicted peak period in each of days 2 - 14 ahead. These forecasts are produced in accordance with Operating Code 2 of the Grid Code. The latest forecast available is always displayed. These forecasts assume zero value for Pump Storage Demand and Interconnector flow values. The Transmission System demand forecast includes Station Transformer Load (see note below). No zonal forecasts are provided at these timescales.

  • 2 - 52 Week Ahead - This page displays forecasts produced each Thursday by the System Operator of the National Demand (NDFW), Transmission System Demand (TSDFW) and National Surplus (SPLW) for the predicted peak period in each of weeks 2 - 52 ahead (commencing 2 weeks after the current day). Week 1 on the chart refers to the first week of the year and a week begins on Monday and ends on Sunday. Therefore, a calendar year may have 53 weeks (the first calendar week to contain 4 or more days in the new year calendar year is defined as week 1). After week 52 (or 53), the chart wraps back to week 1. The latest forecast available is always displayed. These forecasts assume zero value for Pump Storage Demand and Interconnector flow values. The Transmission System demand forecast includes Station Transformer Load (see note below). No zonal forecasts are provided at these timescales.
N.B. The Station Transformer Load used in providing the Initial Day Ahead Market Information, Current Day and Day Ahead Information and longer term forecasts is calculated from the CDCA I012 CVA metering. This is currently an average value of 500MW in summer (BST) and 600MW in winter (GMT). These fixed values are kept under review (typically annually).
 
Production and timescales of Forecasts Top
BMRA receives Current and Day Ahead forecast data every half hour. The quantity and type of data received changes over time as outlined in the table below. The time in the left hand column is the target time by which BMRA should have received the forecast data files. The report coverage and the number of values in the report are given in the Coverage column.

For forecast types NDF, TSDF, IMBALNGC, MELNGC, INDGEN, and INDDEM, the data is received for national and zonal levels at the same time. Note that initial forecast data is shown in bold type.

Target Time Coverage Data
0000
0030
:
0800
0830
0000 on D to 0500 on D+1 (58 values)
0030 on D to 0500 on D+1 (57 values)
:
0800 on D to 0500 on D+1 (42 values)
0830 on D to 0500 on D+1 (41 values)
NDF, TSDF
MELNGC
IMBALNGC
INDDEM
INDGEN
0900 0500 on D+1 to 0500 on D+2 (48 values) NDF, TSDF
0930
1000
1030
1100
1130
0930 on D to 0500 on D+1 (39 values)
1000 on D to 0500 on D+1 (38 values)
1030 on D to 0500 on D+1 (37 values)
1100 on D to 0500 on D+1 (36 values)
1130 on D to 0500 on D+1 (35 values)
NDF, TSDF
MELNGC
IMBALNGC
INDDEM
INDGEN
1200
1230
:
2300
2330
1200 on D to 0500 on D+2 (82 values)
1230 on D to 0500 on D+2 (81 values)
:
2300 on D to 0500 on D+2 (60 values)
2300 on D to 0500 on D+2 (59 values)
NDF, TSDF
MELNGC
IMBALNGC
INDDEM
INDGEN

Day+0: Today
Day+1: Tomorrow
Day+2: Day after tomorrow

To summarise: The files received from 0000 to 1130, other than the file received at 0900, contain values from their Target Time (the time by which they should be received) through to 0500 on D+1 (i.e. over this time range the file coverage goes from 58 values down to 41 values). The files received from 1200 through to 2330 contain values from their Target Time to 0500 on D+2 (i.e. over this time range the file coverage goes from 82 values down to 59 values). The files received at 0900 each day contain only the Initial National Demand Forecast data and Initial Transmission System Demand Forecast data for the period 0500 on D+1 to D+2.

Although data is issued half-hourly, the underlying demand forecast data is not updated as regularly as this. In general the demand forecasts will be updated by the following target times for the time ranges indicated:

  • 02:00 - Data from 02:00 on D to 05:00 on D+1
  • 10:00 - Data from 10:00 on D to 05:00 on D+1
  • 16:00 - Data from 05:00 on D+1 to 05:00 on D+2
  • 16:30 - Data from 16:30 on D to 05:00 on D+1
  • 22:00 - Data from 22:00 on D to 05:00 on D+2

Between these target times the demand forecast may be updated for operational reasons where required.

BMRA will receive Long Term Forecast data at set daily and weekly times as described in the table below. Note that if the day on which a week forecast(NDFW, SPLW) is due falls on a public holiday, the forecast will be produced on the last Business Day prior to the holiday.


Target Time Coverage Mon Tue Wed Thu Fri Sat Sun
1500 2-14 Day Ahead(12 values) NDFD, TSDFD NDFD, TSDFD NDFD, TSDFD NDFD, TSDFD NDFD, TSDFD NDFD, TSDFD NDFD, TSDFD
1500 2-52 Week Ahead(50 values) - - - NDFW, TSDFW - - -
1600 2-14 Day Ahead(12 values) SPLD SPLD SPLD SPLD SPLD - -
1700 2-52 Week Ahead(50 values) - - - - SPLW - -
 
Initial Demand Out-Turn Top
The Initial Demand Out-Turn menu contains two options:
  • Yesterday/Today - Initial Demand Out-Turn page displays the Initial Demand Out-Turn (INDO) and the Initial Transmission System Demand Out-Turn (ITSDO) data received from the System Operator for the first period of the previous day to the most recently completed period of today. This display is updated following the end of each Settlement Period as the latest figure is received from the System Operator.
  • Historic - Enter a date (if no data is available for the date requested an error will be returned) to view the set of INDO and ITSDO data for the day in question.
INDO is comparable to the NDF forecast and ITSDO is comparable to the TSDF forecast.
 
NONBM Instructed Volumes Top
The NONBM STOR Instructed Volumes menu contains two options:
  • Yesterday/Today - This page displays the NONBM STOR Instructed Volume data (NONBM) received from the System Operator for the first period of the previous day to the most recently completed period of today. This display is updated following the end of each Settlement Period as the latest figure is received from the System Operator.
  • Historic - Enter a date (if no data is available for the date requested an error will be returned) to view the set of NONBM data for the day in question.
 
System Prices Top
This screen differs from many of the other reporting screens in that the data displayed is calculated within the BMRS – though based on the data received from the System Operator. For an explanation of the principles of the calculations, please go to the Market Principles pages.
  • Yesterday/Today - The System Prices page displays the indicative System Sell Prices and System Buy Prices from the first period of the previous day to the period of today for which the calculations have most recently been completed. . It also includes Balancing Services Adjustment Data, or BSAD, used in each calculation along with a number of other important derived values. The list of additional derived values varies between pre and post P217 Settlement dates. This page is self maintaining ().The page also displays links to underlying data that provide a drill down facility to display data that impacts the corresponding settlement period. It consists of the following items:
    • Disaggregated BSAD, or Balancing Services Adjustment Actions (for post-P217 Settlement dates);
    • A detailed description of the System Price calculation's Stack data (for post-P217 Settlement dates);
    • Physical, Bid-Offer, BSV, Derived, and Acceptance for all BM Units that impact the corresponding settlement period
  • Historic - Enter a date (if no data is available for the date requested an error will be returned) to view the set of indicative System Prices for the day in question.The format of the page differs for pre and post P217 Settlement dates.
 
Detailed System Prices Top
This screen differs from many of the other reporting screens in that the data displayed is calculated within the BMRS – though based on the data received from the System Operator. For an explanation of the principles of the calculations, please go to the Market Principles pages.
  • Enter a Settlement Date and Period (if no data is available only the structure of the tables on this page will be provided) to view a detailed breakdown of the indicative System Price calculation's Stack for the period in question. The Buy and Sell Stacks are displayed separately. Each Stack lists all accepted actions included in the System Price calculations, including the System Actions (Bid-Offer Acceptance Volumes and Balancing Service Adjustment Actions) showing the initial data along with details of how the indicative price calculation processing affects each item's volume and price. A summary block at the top of the page shows how the results of the Stack processing and the Market Index Data processing are combined to produce the final Indicative System Prices. The Detailed System Price data is only available for post P217 Settlement dates.
 
Balancing Services Adjustment Data Top
  • Yesterday/Today - This page displays the latest BSAD data received by the BMRA. Note that BSAD values displayed in this web page may differ from those displayed in the System Prices web page. The BSAD values displayed in the System Prices web page are the actual values used in the calculation of those prices and may have been superseded by later values received by the BMRA. This page displays the latest BSAD data received by the BMRA. The page also displays links to associated Disaggregated BSAD data for the corresponding settlement period where such data exists (for post P217 Settlement dates only). This page is self maintaining.
  • Historic - Enter a date to view previous BSAD data. This page displays the latest Historic BSAD data received by the BMRA. Note that BSAD values displayed in this web page may differ from those displayed in the System Prices web page. The BSAD values displayed in the System Prices web page are the actual values used in the calculation of those prices and may have been superseded by later values received by the BMRA. The page also displays links to associated Disaggregated BSAD data for the corresponding settlement period where such data exists (for post P217 Settlement dates only).
 
Market Index Data Top
  • Latest - This page displays the latest Market Index Data received and published by the BMRA for settlement dates today and yesterday. If data is received after the relevant calculation has begun, then it will be rejected by the BMRS, and not published.

    Where Market index Data Volume passed to BMRS is found to be below the defined Individual Liquidity Threshold for the MIDP and is non-zero, then the BMRS will consider the Volume, and associated Price, to be zero for that Settlement Period, and publish it as such. Where no Market Index Data is received then no data will be published, and the BMRA will use a default value of zero, for the Volume and Price values, in the related calculation. System Messages will be published to indicate where an MIDP has failed to supply Market Index Data in time for a particular calculation.
    • - The chart will automatically update.

  • Historic - Enter a date and period to view previous Market Index Data.
 
 
Reports Guide - Zonal Data

Zones Top
The Zonal Data pages display forecast information for each zone. The 5 zones are formed from four Transmission constraint boundaries on the Transmission System. These zones are:

Scotland + North Export Zone A
North East Export Zone B
North Wales + N. W. Export Zone C
South Import Zone D
South Wales + S. W. Import Zone E


The South Import boundary runs from South Wales across to the Wash and forms Zone D. Zone E is 'nested' within constraint D. Therefore, the forecast values for Zone D include the values for Zone E. Note: Zone A, B, C and D summate to 100% of the BMU generation requirement. Zone E is ‘nested’ within Zone D so the sum of all zones A to E is >100%.

MELNGC for an Import constraint is the boundary transfer limit less (for an Export constraint it is plus) the System Operator's forecast of demand in the zone plus (for an Export constraint it is less) the MEL generation in the zone.

Click here to view the zonal map.
 
Day & Day Ahead (Demand) Top
The Zonal Data page display the Day & Day Ahead (Transmission System Demand) forecast information for each zone.
 
Day & Day Ahead (Margin) Top
The Zonal Data page display the Day & Day Ahead (Margin) forecast information for each zone.
 
Pictorial Representation Top
The Pictorial Representation pages display the peak values of the selected data type (TSDF, INDEM, INDGEN, MELNGC, IMBALNGC) for each zone on a pictorial map. Each zone also displays the forecast time and the settlement date and period in which it the peak value occurred.
 
 
 
Reports Guide - BM Unit Data

BM Unit Selection Top
This page allows the BM Units, data type and range of Settlement Periods to be chosen before initiating a data request. The BM Unit fields have dynamic lists of values associated with them that assist in the data selection process. The * character can be used as a wildcard. Data type selection is made by setting the radio button appropriately. The range of Settlement Periods that can be returned is limited to just one when more than one BM Unit is selected. When a single BM Unit is selected a wildcard can be used in the Settlement Period field meaning that data for all Settlement Periods on the selected Settlement Day will be returned. The data can be returned either into the bottom of the selection page or into a separate window. Returning data into separate windows allows data to be compared side-by-side.
 
 
Physical Data Top
The Physical Data page will display the FPN, QPN, MIL, MEL and BOAL data for an individual BM Unit. The format of this page is different for pre and post P217 Settlement Dates.
  • Near Real Time - Enter the BM Unit Identifier to receive physical data as soon as it is available.
  • Latest / Low Grade - The Latest chart will display the physical data 2 periods ahead of the current period, i.e. the period for which Gate Closure has just occurred.
  • Historic - To view previous data of a BM Unit, enter the BM Unit Identifier, the date and Settlement Period and the data will be displayed (if you are unsure of which date format to use, click here). To retrieve data for all periods in a day, enter a * in the Period number field.
 
Dynamic Data Top
The Dynamic Data page will display the RURE, RURI, RDRI, RDRE, MZT, MNZT, SEL, SIL, MDV, and MDP data for an individual BM Unit.
  • Near Real Time - Enter the BM Unit Identifier to receive the data as soon as it is available.
  • Latest / Low Grade - The Latest chart will display data for the current period.
  • Historic - To view previous data of a BM Unit, enter the BM Unit Identifier, the date and Settlement Period and the data will be displayed (if you are unsure of which date format to use, click here). To retrieve data for all periods in a day, enter a * in the Period number field.
 
Bid-Offer Data Top
The Bid-Offer Data page displays the bid-offer pair details (including Bid Price and Offer Price) for an individual BM Unit.
  • Near Real Time - Enter the BM Unit Identifier to receive the data as soon as it is available.
  • Latest / Low Grade - The Latest chart will display the physical data 2 periods ahead of the current period, i.e. the period for which Gate Closure has just occurred.
  • Historic - To view previous data of a BM Unit, enter the BM Unit Identifier, the date and Settlement Period and the data will be displayed (if you are unsure of which date format to use, click here). To retrieve data for all periods in a day, enter a * in the Period number field.
 
Derived Data Top
The Derived Data page displays an estimate of the Bid and Offer volumes accepted for each Bid-Offer pair by the System Operator for a single BM Unit. The data is provided at both a per-acceptance and period total level. At acceptance level, an indication of the acceptance duration is given ('S' for short and 'L' for long). At period level the Settlement Period cash flow for the BM Unit is provided. The format of this page is different for pre and post P217 Settlement Dates.
  • Near Real Time - Enter the BM Unit Identifier to receive the data as soon as it is available. This page is self maintaining ().
  • Historic - To view previous data of a BM Unit, enter the BM Unit Identifier, the date and Settlement Period and the data will be displayed (if you are unsure of which date format to use, click here). To retrieve data for all periods in a day, enter a * in the Period number field.
 
Balancing Services Volume Data Top
The Balancing Services Volume Page displays the Applicable Balancing Services Volume Data calculated by the System Operator for the selected BM Unit. The volume is single valued for a BM Unit, settlement date and period. The receipt of this data is delayed and so only a Historic page is available.
  • Historic - To view historic data for one or more BM Units, enter the BM Unit search criteria, the settlement date and period and the data will be displayed. (If you are unsure of which date format to use, click here). To retrieve data for all periods in a day, enter a * in the Period number field.


 
Reports Guide - System Warnings and Other Messages
Top
System Warnings are messages published by the System Operator to inform all involved parties of important information concerning operational and commercial issues. For example, System Warnings are used to notify Inadequate System Margins, Demand Control Warnings, IT System Outages or Failures, Risk of System Disturbance and Manifest Error Claims. System Warnings are published at the System Operators discretion.

The System Warnings facility is also being utilised by the System Operator to publish details of agreed Pre-Gate BMU Transactions (PGBTs). All PGBT Offers received by the System Operator (agreed and unsuccessful) will be available on its website by the end of the next working day. This information and further details concerning PGBTs can be found on http://www.nationalgridinfo.co.uk/balancing.

The System Warnings facility is additionally utilised by the System Operator to provide notification of amended Acceptance Data relating to Emergency Instructions (Emergency Acceptance Data). Two notices will be issued in respect of each Emergency Instruction:

i) As soon as possible after an Emergency Instruction has been issued to the relevant Party, the System Warnings facility will publish details of the affected BM Unit with the relevant Settlement Day(s) and Settlement Period(s); and

ii) Where possible by the SAA II Run for the relevant Settlement Day(s), the System Warnings facility will publish details of the affected BM Unit, the relevant Settlement Day(s) and Settlement Period(s), plus the Emergency Acceptance Dataand a statement whether it will be treated as SO-flagged or not, and a rationale for that decision. The BOAL will not appear on the Physical Data page of the BMRA or be reflected in the BMRA System Price calculations.

System Messages are generated internally by the BMRA. For example, when performing a settlement run, if no Market Index Data has been received from a Market Index Data Provider effective on that day, the BMRA will generate a system message.

Note that System Warnings relating to System Operator to System Operator Trades are only displayed on the SO-SO Trades page.

A subset of System Warnings filtered according to pre determined rules to identify the most important System Warnings is also available on the Electricity Data Summary page.



 
Reports Guide - SO-SO Trades
Top
The System Warnings publication mechanism is also used by the System Operator to publish the prices of System Operator to System Operator Trades (SO-SO Trades) over the French and Moyle (Irish) Interconnectors. These SO-SO Trade mesages are shown on a separate page from the other System Warnings and Other Messages so that the two groups of messages do not obscure one another.
 


 
Reports Guide - Trading Operation Report
Top
The Trading Operation Report is published by ELEXON each month to meet the schedule of standing Panel meetings as shown on the ELEXON website http://www.elexon.co.uk/bscpanelandcommittees/panelmeetings/default.aspx. This report provides detailed analyses of market data and gives an indication of the performance of the Trading Arrangements.
The latest Trading Operation Report is available from the ELEXON website at http://www.elexon.co.uk/Publications/tradingoperationsreport/latestTOR.aspx.
 


 
Reports Guide - Credit Default Notices
Top
Credit Default Notices are generated by the ECVAA system when a trading party enters or clears a credit default level. There are 2 levels of credit default, level 1 and level 2. The level 1 and level 2 credit default levels are defined in Balancing and Settlement Code, Section M, 3.2 and 3.3.

The credit default notice contains the credit default level and the date and period in which the trading party entered the credit default level. There is an optional text field which may give more details on the credit default notice. The page displays all current and recently cleared credit defaults. It is possible for a trading party to be in both level 1 and level 2 at the same time.
  • - The table will automatically update.


 
Market Principles
Top
It should be noted that in this section in particular the descriptions given are deliberately as brief as possible and very much over-simplified. They are intended as an initial guide and are in no way authoritative. Those wishing to investigate further should go to the ELEXON web site, http://www.elexon.co.uk/, where both the definitive documents and a series of commentaries may be found.
 
What is NETA? Top
The New Electricity Trading Arrangements (NETA) which were introduced in England and Wales in 2001 and extended to Scotland following BETTA Go-Live on 1st April 2005 are designed to provide greater competition in the wholesale market, while maintaining a secure and reliable electricity system. The new arrangements are based on bilateral trading between generators, suppliers, traders and customers, and include:
  • Forwards and futures markets that allow contracts for electricity to be struck over timescales ranging from several years ahead to on-the-day markets;
  • A Balancing Mechanism by which the System Operator, accepts offers and bids for electricity close to real time to enable it to balance supply and demand; and
  • An Imbalance Settlement process for making payments to and from those whose contracted positions do not match their actual metered electricity production or consumption and for clearing certain other costs of balancing the system.
 
What is the Balancing Mechanism? Top
As indicated above, the Balancing Mechanism is one of the key aspects of NETA. It is the mechanism by which the System Operator procures commercial services (Balancing Services) from generators and suppliers, in accordance with the relevant provisions of the Balancing and Settlement Code (BSC) and the Grid Code, in order to maintain security of the electricity supply across the transmission network. These commercial services are represented by Offers to sell energy (increase generation or decrease demand) and Bids to buy energy (decrease generation or increase demand), respectively, which are submitted by the participants in the Balancing Mechanism. Acceptance of a Bid or an Offer by the System Operator represents a binding contract with the generator or supplier which is cash settled through the systems and services managed by ELEXON.
 
What are the Balancing Services and Balancing Services Adjustment Data? Top
Balancing Services are defined in the Procurement Guidelines which the System Operator is required to establish in accordance with Licence Condition C16 of its Transmission Licence (and which is available for download at http://www.nationalgrid.com/uk/Electricity/Balancing/transmissionlicensestatements/). The System Operator may procure the services it requires in order to balance the system either in the BM, by acceptance of Bids and Offers, or via other mechanisms as deemed necessary. Where appropriate the costs and volumes of procuring Balancing Services outside of the BM are also fed through into the calculation of System Prices (SBP and SSP), in the form of Balancing Services Adjustment Data (BSAD) and also, for post P217 Settlement Dates, Disaggregated BSAD (DISBSAD). This is calculated in accordance with the System Operator’s BSAD Methodology Statement and is submitted for each Settlement Period. Details of which Balancing Services are included in BSAD can be found in the Methodology Statement.
 
What is a Balancing Mechanism Unit (BM Unit)? Top
A BM Unit is a representation of an association of generation equipment or of consumption, as the case may be, registered under the BSC for the purposes of participation in the BM. Every single metering system in Great Britain, whether for generation or consumption, is a component of a BM Unit (and only one BM Unit). A generation BM Unit typically represents a discrete unit of generation plant at a power station; a consumption BM Unit may comprise one or more consumption sites. Each supply business has one (or more) BM Units for its customers in each of the 14 regional distribution zones (Grid Supply Point Groups).

A list of the BM Units registered in the BMRS can be obtained using the BM Unit Search option.
 
What is a Trading Unit? Top
Every BM Unit is a member of a Trading Unit. Trading Units may consist of one or more BM Units. Where BM Units are combined to form a Trading Unit, the production or consumption of the Trading Unit as a whole is treated on a net basis when calculations are carried out for the treatment of losses or the calculation of imbalances.
 
What is a Settlement Period? Top
A Settlement Period is the lowest possible resolution for the calculation of imbalances, lasting half an hour. Settlement Periods run from midnight to midnight each day (British Summer Time during summer and Greenwich Mean Time during winter) and each Settlement Period corresponds to a number ranging from 1 to 48. A long day (end of BST) will have 50 periods, whereas a short day will have 46 (beginning of BST) periods. To calculate Settlement Periods, a reference table can be seen here.
 
What is Gate Closure? Top
Gate Closure is the time 1 hour prior to the start of the Settlement Period to which it relates. Physical Notifications and Bid-Offer Data must be received by the System Operator (and Contract Volumes must be received by ECVAA) before Gate Closure. Therefore, for example, changes in Bid-Offer prices relating to the Settlement Period 16:30 - 17:00 must be received by the System Operator before 15:30 on the same day.

In the initial months of trading under NETA, Gate Closure was set at 3˝ hours. It was reduced to 1 hour in July 2002.
 
What are the System Prices? Top
Following the end of each Settlement Period two Imbalance Prices, known as System Buy Price (SBP) and System Sell Price (SSP) respectively, are calculated and published on the BMRS. These prices are purely indicative, as they are calculated before all the necessary information for definitive calculations, such as actual transmission losses, is available. The definitive calculations for Settlement purposes are carried out separately, several days later. These definitive calculations may also include amendments to the Balancing Mechanism data following post event analysis.

The Imbalance Prices are used for the settlement of the energy imbalances incurred by participants – that is to say, the differences between the volumes of energy which a participant contracts for (in all trading, not just in the Balancing Mechanism) and the volumes actually generated or consumed. A participant whose imbalance is a net spill on to the system will be paid for the energy which is put on to the system, at the System Sell Price. A participant whose imbalance is a net shortfall will have to pay for the volume of energy which is in deficit, at the System Buy Price. It is thus equally possible for generators or consumers alike to be out of balance in either direction in a given half hour.

The calculation of both of the Imbalance Prices in each half hour is based on an assessment of whether the system had too much or too little energy (usually referred to as being 'long' or 'short' respectively).

For Settlement Dates prior to P217 the comparison of the total volumes of Bids and Offers accepted in a period gives rise to a Net Imbalance Volume, which may be either positive or negative. If the result is positive ( more purchases have been made than sales ) then the market is short, and the main price will be SBP. If, however, the result is negative, then the market is long, and the main price will be SSP. The priced actions that go to make up the Net Imbalance Volume are further reduced by employing a process known as PAR Tagging. This process selects the set of most expensive priced actions which are not De Minimis, Arbitrage, CADL or NIV Tagged whose combined volume does not exceed a defined upper limit (the Price Averaging Reference volume). The main price is then calculated to be the average price at which the System Operator had sold the remaining priced energy actions accepted in the half hour (plus the appropriate BSAD adjustment for sales made outside the Balancing Mechanism).

For Settlement Dates for which Modification P217 is effective the comparison of the total volumes of accepted Bids and Offers, and Balancing Services Adjustment Actions (Disaggregated BSAD) in a period gives rise to a Net Imbalance Volume, which may be either positive or negative. If the result is positive then the market is short, and the main price will be SBP. If, however, the result is negative, then the market is long, and the main price will be SSP. If any of the actions that go to make up the Net Imbalance Volume have been 'Classified' as unpriced (as a result of being CADL Flagged or SO-Flagged) then they are re-priced by use of the Replacement Price Average Reference (RPAR) volume. The remaining volumes are then further reduced by employing a process known as PAR Tagging. The main price is then calculated to be the average price of the remaining actions (plus the appropriate BSAD adjustment for sales made outside the Balancing Mechanism).

A more detailed description is given within the BMRA URS.



 
Glossary of Terms

Top
The majority of the terms used on this web site are formally defined in core industry documentation, the simplified explanations given here are provided to assist users of the site. Every effort has been made to ensure that they are as accurate as possible, but it should be stressed that they are only indicative in nature. For those who wish to study the primary definitions in more detail, the following links are provided:
  • BSC: Items defined within the Balancing and Settlement Code (http://www.elexon.co.uk/bscrelateddocs/BSC/default.aspx) . These items are denoted by BSC. In many cases the definition of the item is to be found in one of the Glossary sections, which are annexes to Section X of the BSC. In other cases a reference is given to the appropriate location within the BSC.
  • GRID CODE: Items defined within the Grid Code (http://www.nationalgrid.com/uk/Electricity/Codes/gridcode/). Some of these items are formally defined in the Glossary and Definitions (GD) section of the Grid Code; but a number of those which relate specifically to the BM are to be found in the Appendices to Balancing Code 1 (BC1). The best description of the BSAD and ABSVD data items is to be found in the BSAD Methodology and ABSVD Methodology, respectively, which are also published on the above web site (within the Balancing Services section of the site, under Transmission Licence Condition C16 Statements).
  • BMRS: Items derived within the BMRS (http://www.elexon.co.uk/changeimplementation/ImplementationProgrammes/CVA/implementedreleases/default.aspx). These items are denoted by BMRS. The derivation of these items is given in the User Requirement Specification for the BMRS, which is published on the ELEXON web site (select the latest Implemented Release, as identified on the front page of this BMRS web site, to access the list of available documentation).
 
ABSVD – Applicable Balancing Services Adjustment Data     BSC  Q 6.4 Top
ABSVD (which is displayed on the BMRS report pages as Balancing Services Volume Data) is calculated by the System Operator for each BM Unit and Settlement Period in accordance with Section Q, paragraph 6.4 of the BSC. The derivation of the ABSVD is the subject of a dedicated Methodology Statement (to be found on the System Operator web site as noted above); but the Applicable Balancing Services may conveniently be regarded as those services required by the System Operator for economic operation of the Transmission System, that result in the service provider being exposed to imbalance charges whilst assisting in system balancing. The purpose of calculating the volumes concerned is to enable these volumes to be excluded from the subsequent calculation of imbalance charges.
 
ABV – Accepted Bids Volume     BMRS Top
The Accepted Bids Volume for a Period is the sum of all the individual Bid-Offer Acceptance Volumes (see BOAL below) for the Bids accepted by the System Operator in the Period.
 
AOV – Accepted Offers Volume     BMRS Top
The Accepted Offers Volume for a Period is the sum of all the individual Bid-Offer Acceptance Volumes (see BOAL below) for the Offers accepted by the System Operator in the Period.
 
BD - BSAD Defaulted     BMRS Top
The BSAD Defaulted flag can be used to check if the BSAD was defaulted in the calculations of System Buy Price and System Sell Price for the period in question. If the flag is set to 'T' (true) then no BSAD values were supplied to the BMRS from the System Operator, and so the indicative calculation used default values of zero. If the flag is set to 'F' (false) then BSAD values were supplied and used by the indicative calculation. Under normal circumstances BSAD data is available for the calculations and this flag is consequently set to ‘F’.
 
BOAL/BOALF - Bid-Offer Acceptance Level     GRID CODE   BC 2.7 Top
A Bid-Offer Acceptance is a formalised representation of the purchase and/or sale of Offers and/or Bids (see Bid-Offer Data below) by the System Operator in its operation of the Balancing Mechanism. Each Bid-Offer Acceptance is shown on the BMRS as a MW level of operation at the beginning and at the end of the Acceptance (and for any intermediate points which may be necessary). The start and end time of each Acceptance is also shown, from which the Bid-Offer Acceptance Volumes (in MWh) can be calculated. In the example below (which is based on the example in the following entry for Bid-Offer Data), Bid-Offer Acceptance Levels are represented as points A, B, C and D; and the corresponding Bid-Offer Acceptance Volume is then the shaded area. For post P217 Settlement dates Bid-Offer Acceptances (Bid-Offer Acceptance Level Flagged (BOALF)) also include an SO-Flag which indicates whether or not the Acceptance was potentially taken for reasons other than balancing the short-term energy imbalance of the Transmission System.
 
 
BOD – Bid-Offer Data     BSC   Q 4.1 Top
Bid-Offer Data for a BM Unit and Settlement Period is made up of a series of Bid-Offer pairs; there may be up to five above FPN and up to five below FPN in each set of BOD. A Bid-Offer pair consists of an identifying number (e.g. 1, 2 or –1), a ‘band width’ in MW, and both an Offer Price and a Bid Price. The Offer Price is the price at which the System Operator may purchase energy within this band; the Bid Price is the price which will be paid for energy accepted from the System Operator within this band.

The diagram below illustrates the way that Bid-Offer bands might be set up in a hypothetical case:
 
 
BPA – Buy Price Price Adjustment     BSC   Q 6.3 Top
BPA is one of the BSAD items (see below). Its derivation is given in the System Operator's BSAD Methodology Statement as

BPA = ((Aggregated cost of purchases of standing reserve option fees * relevant standing reserve weighting factor) + Aggregated cost of purchases of firm regulating reserve option fees + Aggregated cost of purchases of Forward Contract option fees) / (MWh capability of standing reserve contracts purchased + MWh capability of firm regulating reserve contracts purchased + Contracted MWh associated with options for Forward Contracts purchased)

For the avoidance of doubt, if the denominator of BPA is zero in any Settlement Period, then BPA will be set to zero in that period.
 
BSAD - Balancing Services Adjustment Data     BSC   Q 6.3 Top
Please see the Market Principles section for an explanation of the use of Balancing Services and the provision of BSAD. For pre P217 Settlement dates BSAD comprises of eight items for each Settlement Period (though in a given period some may be zero):

(i) SBVA – Net Buy Price Volume Adjustment (System);
(ii) SSVA – Net Sell Price Volume Adjustment (System);
(iii) EBVA – Net Buy Price Volume Adjustment (Energy);
(iv) ESVA – Net Sell Price Volume Adjustment (Energy);
(v) EBCA – Net Buy Price Cost Adjustment (Energy);
(vi) ESCA – Net Sell Price Cost Adjustment (Energy);
(vii) BPA – Buy Price Price Adjustment; and
(viii) SPA – Sell Price Price Adjustment.

For post P217 Settlement dates BSAD comprises of eight items for each Settlement Period (though 6 are always zero and in a given period the other two may be zero):

(i) BPA – BPA ? Buy Price Price Adjustment; and
(ii) SPA – SPA ? Sell Price Price Adjustment.
Balancing Service Adjustment Data is used in the calculation of Energy Imbalance Prices, i.e. the System Buy Price and the System Sell Price as specified in Section T, Paragraphs 4.4.5 and 4.4.6 of the BSC
 
DISBSAD - Disaggregated BSAD     BSC   Q 6.3 Top
Please see the Market Principles section for an explanation of the use of Balancing Services and the provision of Disaggregated BSAD. Disaggregated BSAD consists of a number of Balancing Services Adjustment Action items. Each item has an identifier (which is unique within each Settlement Period), a Volume, a Cost and an SO-Flag. For some Actions the Cost will be undefined. The SO-Flag indicates whether or not the Action was potentially taken for reasons other than balancing the short-term energy imbalance of the Transmission System. This data is only defined for post P217 Settlement dates and is used in the calculation of Energy Imbalance Prices, i.e. the System Buy Price and the System Sell Price as specified in Section T, Paragraphs 4.4.2 and 4.4.3 of the BSC.
 
 
EAD - Emergency Acceptance Data      BSC   X2 Top
The BOAL corresponding to an Emergency Instruction. Emergency Acceptance Data is communicated via the System Warnings functionality. If issued for system balancing reasons, the resulting Acceptance will be System Operator flagged. If issued for energy balancing reasons, the acceptance will not be SO flagged.
 
EBCA – Net Buy Price Cost Adjustment (Energy)     BSC   Q 6.3 Top
EBCA is one of the BSAD items (see above). Its derivation is given in System Operator’s BSAD Methodology Statement as

EBCA = EBVA * weighted average price of all relevant Balancing Services purchased and sold for energy (i.e. as opposed to system) balancing purposes

This value is non zero only for pre P217 Settlement dates.

 
EBVA – Net Buy Price Volume Adjustment (Energy)     BSC   Q 6.3 Top
EBVA is one of the BSAD items (see above). Its derivation is given in System Operator’s BSAD Methodology Statement as

EBVA = max (Aggregated volume of all relevant Balancing Services purchased for energy balancing purposes – Aggregated volume of all relevant Balancing Services sold for energy balancing purposes, 0);
This value is non zero only for pre P217 Settlement dates.
EI - Emergency Instruction      GRID CODE   GD Top
An instruction issued in respect of a BM Unit by the System Operator in emergency circumstances, for example, due to safety considerations. This instruction may require the BM Unit to operate abnormally. An Emergency Instruction may be issued by the System Operator for system balancing or energy balancing reasons. Emergency Instructions are communicated via the System Warnings functionality and not via the normal pages.
 
ESCA – Net Sell Price Cost Adjustment (Energy)     BSC   Q 6.3 Top
ESCA is one of the BSAD items (see above). Its derivation is given in the System Operator’s BSAD Methodology Statement as

ESCA = ESVA * weighted average price of all relevant Balancing Services purchased and sold for energy (i.e. as opposed to system) balancing purposes
This value is non zero only for pre P217 Settlement dates.
 
ESVA – Net Sell Price Volume Adjustment (Energy)     BSC   Q 6.3 Top
ESVA is one of the BSAD items (see above). Its derivation is given in the System Operator’s BSAD Methodology Statement as

ESVA = min (Aggregated volume of all relevant Balancing Services purchased for energy balancing purposes – Aggregated volume of all relevant Balancing Services sold for energy balancing purposes, 0);
This value is non zero only for pre P217 Settlement dates.
 
FREQ - (System) Frequency     GRID CODE   GD Top
The number of alternating current cycles per second (expressed in Hertz) at which a System is running.
 
FPN - (Final) Physical Notification     BSC   Q 3.2 and  GRID CODE   BC1 Top
A Physical Notification is the best estimate of the level of generation or demand that a participant in the BM expects a BM Unit to export or import, respectively, in a Settlement Period. Initial Physical Notifications (IPNs), which are submitted to the System Operator at the day ahead stage, are not displayed on the BMRS or used in Settlement calculations. Final Physical Notifications (FPNs) have to be submitted to the System Operator by Gate Closure for each Settlement Period, and are both displayed on the BMRS and used in Settlement calculations.

Physical Notifications are submitted as a series of point MW values; see the entry for Bid-Offer Data above for a diagrammatic example (in which the FPN values are shown as the red line).
 
FUELHH - (Half Hourly) Generation by Fuel Type     BMRS Top
National Grid measure system generation connected to the high voltage transmission system in real-time from operational metering. This is used in control timescales to assist with balancing the system and confirming that generators are operating at their expected levels. To provide market participants with information relating to the levels of generation, this metering is aggregated into 11 fuel type categories (Coal, Gas, Nuclear, Oil, Wind, Interconnector-France, Interconnector- Ireland, Pumped Storage, Hydro, OCGT, Other). The data is provided as half hourly averages in MW.
 
FUELINST - (Instantaneous) Generation by Fuel Type     BMRS Top
National Grid measure system generation connected to the high voltage transmission system in real-time from operational metering. This is used in control timescales to assist with balancing the system and confirming that generators are operating at their expected levels. To provide market participants with information relating to the levels of generation, this metering is aggregated into 11 fuel type categories (Coal, Gas, Nuclear, Oil, Wind, Interconnector-France, Interconnector- Ireland, Pumped Storage, Hydro, OCGT, Other). The data is provided as 5 minute average MW values.
 
FUEL TYPE      BMRS Top
National Grid provide the Primary Fuel Type of each BM Unit in the Excel spreadsheet that can be downloaded from http://www.bmreports.com/bsp/staticdata/BMUFuelType.xls. For more information in this area, see the Seven Year Statement section (http://www.nationalgrid.com/uk/Electricity/SYS/) of National Grid's website. The fuel type categorisation by BM Unit is undertaken by the Transmission Company outside the BSC using the primary fuel type of each power station and is not based on the BM Unit registration data held by the Central Registration Agent.
 
IMBALNGC - Indicated Imbalance     GRID CODE   GD Top
A forecast of Indicated Imbalance in the system is received each day for the following day from the System Operator (please see the section on Forecasts in the Reports Guide for an explanation of when the forecasts are received from the System Operator and published on the BMRS). The Indicated Imbalance forecast for each period is the difference between the sum of the PNs submitted for generation BM Units (i.e. the Indicated Generation), and the National Demand Forecast made by the System Operator
 
INDDEM - Indicated Demand     BSC   X2 Top
A forecast of Indicated Demand in the system is received each day for the following day from the System Operator (please see the section on Forecasts in the Reports Guide for an explanation of when the forecasts are received from the System Operator and published on the BMRS). The Indicated Demand forecast for each period is the sum of all the PNs submitted for BM Units which are forecast to be importing energy, presented as a single average MW level for the Settlement Period. This figure is derived by the System Operator for submission to the BMRS but is not formally defined in the Grid Code.
 
INDGEN - Indicated Generation     BSC   X2 Top
A forecast of Indicated Generation in the system is received each day for the following day from the System Operator (please see the section on Forecasts in the Reports Guide for an explanation of when the forecasts are received from the System Operator and published on the BMRS). The Indicated Generation forecast for each period is the sum of all the PNs submitted for BM Units which are forecast to be exporting energy, presented as a single average MW level for the Settlement Period. This figure is derived by the System Operator for submission to the BMRS but is not formally defined in the Grid Code.
 
INDO - Initial National Demand Out-Turn     BSC   X2 Top
The Initial National Demand Out-Turn is the average megawatt value of demand for a Settlement Period INCLUDING transmission losses but EXCLUDING station transformer load, pumped storage demand and interconnector demand. The INDO is made available by the System Operator within 15 minutes after a Settlement Period, based on their operational metering. The composition of the Initial National Demand Out-Turn matches that of the National Demand Forecast and so INDO and NDF are comparable. This figure is derived by the System Operator for submission to the BMRS but is not formally defined in the Grid Code.
 
INDOD - Initial National Demand Out-Turn Daily     BMRS Top
The Initial National Demand Out-Turn Daily is the total of the INDO values in a Settlement Day (divided by two to convert to MWh). This figure is derived by the System Operator for submission to the BMRS but is not formally defined in the Grid Code.
 
INDODHIGH - High Reference Initial National Demand Out-Turn Daily     BMRS Top
The High Reference Initial National Demand Out-Turn Daily value is the level exceeded on 12% of days based on historical daily values from the past 30 years. The calculation includes indexation to allow for underlying demand growth for historic years.
 
INDODLOW - Low Reference Initial National Demand Out-Turn Daily     BMRS Top
The Low Reference Initial National Demand Out-Turn Daily value is the level exceeded on 88% of days based on historical daily values from the past 30 years. The calculation includes indexation to allow for underlying demand growth for historic years.
 
INDODNORMAL - Normal Reference Initial National Demand Out-Turn Daily     BMRS Top
The Normal Reference Initial National Demand Out-Turn Daily value is the level exceeded on 50% of days based on historical daily values from the past 30 years. The calculation includes indexation to allow for underlying demand growth for historic years.
 
ITSDO - Initial Transmission System Demand Out-Turn     BMRS Top
The Initial Transmission System Demand Out-Turn is the average megawatt value of demand for a Settlement Period INCLUDING transmission losses, station transformer load, pumped storage demand and interconnector demand. The ITSDO is made available by the System Operator within 15 minutes after a Settlement Period, based on their operational metering. The composition of the Initial Transmission System Demand Out-Turn matches that of the Transmission System Demand Forecast and so ITSDO and TSDF are comparable. This figure is derived by the System Operator for submission to the BMRS but is not formally defined in the Grid Code.
 
MDP - Maximum Delivery Period     GRID CODE   BC1 Top
The Maximum Delivery Period for a BM Unit is one of the Dynamic Parameters listed in Appendix A to BC1 of the Grid Code and displayed in the Dynamic Data pages of the BMRS. It is the time period over which the Maximum Delivery Volume can be delivered.
 
MDV - Maximum Delivery Volume     GRID CODE   BC1 Top
The Maximum Delivery Volume for a BM Unit is one of the Dynamic Parameters listed in Appendix A to BC1 of the Grid Code and displayed in the Dynamic Data pages of the BMRS. It is the maximum number of megawatt hours of Offer (or Bid), that a particular BM Unit may deliver within the associated Maximum Delivery Period.
 
MEL - Maximum Export Limit     GRID CODE   BC1 Top
The Maximum Export Limit for a BM Unit is one of the Export and Import Limits listed in Appendix A to BC1 of the Grid Code. It is the maximum power export level of a particular BM Unit at a particular time. It is submitted as a series of point MW values and associated times.
 
MELNGC - Indicated Margin     GRID CODE   GD Top
A forecast of Indicated Margin in the system is received each day for the following day from the System Operator (please see the section on Forecasts in the Reports Guide for an explanation of when the forecasts are received from the System Operator and published on the BMRS). The Indicated Margin forecast for each Settlement Period is the difference between the sum of the MELs submitted for that period, and the National Demand Forecast made by the System Operator. The greater the value, the higher the margin between available generation capacity and forecast demand – that is to say, the more spare capacity there is forecast to be in the system.
 
MID - Market Index Data     BSC   T4.4 Top
Market Index Data is a key component in the calculation of System Buy Price and System Sell Price for each Settlement Period. This data is received from each of the appointed Market Index Data Providers (MIDPs) and reflects the price of wholesale electricity in Great Britain in the short term markets. The Market Index Data which is received from each MIDP for each Settlement Period consists of a Market Index Volume and Market Index Price, representing the volume and price of trading for the relevant period in the market operated by the MIDP. The Market Price (the volume weighed average Market Index Price) is used to derive the Reverse Price (SBP or SSP).
 
MIL - Maximum Import Limit     GRID CODE   BC1 Top
The Maximum Import Limit for a BM Unit is one of the Export and Import Limits listed in Appendix A to BC1 of the Grid Code. It is the maximum power import level of a particular BM Unit at a particular time. It is submitted as a series of point MW values and associated times.
 
MNZT - Minimum Non-Zero Time     GRID CODE   BC1 Top
The Minimum Non-Zero Time represents the minimum time that a BM Unit can operate at a non-zero level as a result of a Bid-Offer Acceptance. It is one of the Dynamic Parameters defined in Appendix A to BC1 of the Grid Code and displayed in the Dynamic Data pages of the BMRS.
 
MZT - Minimum Zero Time     GRID CODE   BC1 Top
The Minimum Zero Time is the minimum time that a BM Unit which has been exporting must operate at zero or import, before returning to export; whereas if the BM Unit has been importing, the MZT indicates the minimum time that it must operate at zero or export before returning to import, if action by the System Operator (i.e. a Bid-Offer Acceptance) places it at such a level. It is one of the Dynamic Parameters defined in Appendix A to BC1 of the Grid Code and displayed in the Dynamic Data pages of the BMRS.
 
NDB - Notice to Deliver Bids     GRID CODE   BC1 Top
The Notice to Deliver Bids indicates the length of time between the issuing of a Bid-Offer Acceptance and the time when a BM Unit begins to deliver Bid volumes. It is one of the Dynamic Parameters defined in Appendix A to BC1 of the Grid Code (where it is referred to as NTB) and displayed in the Dynamic Data pages of the BMRS.
 
NDF - National Demand Forecast      GRID CODE   OC 1.6.3 Top
The National Demand Forecast is made by the System Operator. The System Operator National Demand Forecast is based on historically metered generation output for Great Britain. This value INCLUDES transmission losses, but EXCLUDES Interconnector flows and demand from station transformers and pumped storage units. The National Demand Forecast is comparable with the Initial National Demand Out-Turn INDO. All the forecasts are unrestricted, i.e. any notified customer demand management is included in the history.
 
NDFD – National Demand Forecast Day     GRID CODE   OC2.4 Top
The National Demand Forecast Day data is part of the 2-14 day forecast produced each working day by the System Operator as required by section 4.1.2 in Operating Code 2 of the Grid Code. It is produced using the same methodology as the daily National Demand Forecast. The figure published for each day in the 2-14 day forecast is a half hourly average MW value for the peak half hour in the day.
 
NDFW – National Demand Forecast Week     GRID CODE   OC2.4 Top
The National Demand Forecast Week data is part of the 2-52 week forecast produced each Wednesday by the System Operator as required by section 4.1.2 in Operating Code 2 of the Grid Code. It is produced using the same methodology as the daily National Demand Forecast. The figure published for each week in the 2-52 week forecast is a half hourly average MW value for the peak half hour in the week.
 
NDO - Notice to Deliver Offers     GRID CODE   BC1 Top
The Notice to Deliver Offers indicates the length of time between the issuing of a Bid-Offer Acceptance and the time when a BM Unit begins to deliver Offer volumes. It is one of the Dynamic Parameters defined in Appendix A to BC1 of the Grid Code (where it is referred to as NTO) and displayed in the Dynamic Data pages of the BMRS.
 
NDZ - Notice to Deviate From Zero     GRID CODE   BC1 Top
The Notice to Deviate from Zero expresses the notification time required for a BM Unit to change its consumption or production level from a zero PN level, as the result of a Bid-Offer Acceptance. It is one of the Dynamic Parameters defined in Appendix A to BC1 of the Grid Code and displayed in the Dynamic Data pages of the BMRS.
 
NIV - Net Imbalance Volume     BMRS   in accordance with  BSC   T4.4 Top
The System Sell/Buy Price information for each Settlement Period includes the Net Imbalance Volume. The Net Imbalance Volume represents the sum of all of the system and energy balancing actions for the Settlement Period (including pre-Gate Closure actions reported in BSAD), netted off to give the energy imbalance of the overall system.
 
NONBM - NONBM STOR Instructed Volume     BMRS    Top
The volume of Short Term Operating Reserve instructed by the Transmission Company outside of the balancing mechanism in order to increase generation or reduce demand.
 
P194 - Revised Derivation of the Main Imbalance Price     BMRS   in accordance with  BSC   T4.4 Top

Modification P194, introduced on 2 November 2006, retained the mechanism introduced by P78 but further restricts the amount of priced balancing actions considered within the Main System Price calculation by employing a process known as PAR Tagging. This process selects the set of most expensive priced actions which are not De Minimis, Arbitrage, CADL or NIV Tagged whose combined volume does not exceed a defined upper limit (the Price Averaging Reference volume). A more detailed description is given within the BMRA URS.

 
Original Acceptance Volume     Top

This represents the initial value of the Acceptance Volume before any System Stack processing has been carried out on it.

 
Original Priced Acceptance Volume     Top

This value represents the amount of the associated Acceptance Volume which was not excluded from the System Price Stacks by De Minimis Tagging, Arbitrage Tagging and/or NIV Tagging, and which was Classified as Second-Stage Unflagged and therefore not subject to the Replacement Price.

 
P217 - Revised Derivation of the Main Imbalance Price BMRS in accordance with BSC T4.4     Top

Modification P217, introduced on 5 November 2009, modified the previous mechanism for calculating the Main System Price by introducing the following concepts:

  • Disaggregated BSAD (Balancing Service Adjustment Actions);
  • The SO-Flag to indicate where System Actions that are potentially taken for reasons other than balancing the short-term energy imbalance of the Transmission System;
  • The Classification of System Actions;
  • The Re-pricing of System Actions.
A detailed description is of the P217 indicative System Price Calculation is given within the BMRA URS.
 
PAR - Price Averaging Reference Volume     BMRS   in accordance with  BSC   T4.4 Top

The Price Averaging Reference Volume is used to define a limit on the total volume of priced actions which are not De Minimis, Arbitrage, CADL or NIV Tagged that can be used to calculate the Main Price. The value of PAR is reported on the website.

 
PABV – Priced Accepted Bids Volume     BMRS   in accordance with  BSC   Annex T-1 Top
For pre P217 Settlement dates the Priced Accepted Bids Volume is defined as the sum of the volumes of all Priced Bids accepted for the period which are not De Minimis Acceptance volumes and not Arbitrage Accepted Bids and not NIV Tagged Bids (for an explanation of the meaning of these terms, please see section 5.4 of the BMRA URS).

It should be noted that a consequence of this definition is that adding together the Priced and Unpriced Accepted Bids Volumes, PABV and UABV, does not necessarily give the total volume of Bids accepted for the Period, because any De Minimis, Arbitrage Accepted or NIV Tagged Bid volumes will not be included.
For post P217 Settlement dates the Priced Accepted Bids Volume is defined as the sum of the volumes of all Bids accepted for the period which are not De Minimis Acceptance volumes and not Arbitrage Accepted Bids which have not been Classified as Second Stage Flagged (i.e. which are not eligible to be re-priced). It should be noted that a consequence of this definition is that adding together the Priced and Unpriced Accepted Bids Volumes, PABV and UABV, does not necessarily give the total volume of Bids accepted for the Period, because any De Minimis or Arbitrage Accepted Bid volumes will not be included.
 
PAOV – Priced Accepted Offers Volume     BMRS   in accordance with  BSC   Annex T-1 Top
For pre P217 Settlement dates the Priced Accepted Offers Volume is defined as the sum of the volumes of all Priced Offers accepted for the period which are not De Minimis Acceptance volumes and not Arbitrage Accepted Offers and not NIV Tagged Offers (for an explanation of the meaning of these terms, please see section 5.4 of the BMRA URS).

It should be noted that a consequence of this definition is that adding together the Priced and Unpriced Accepted Offers Volumes, PAOV and UAOV, does not necessarily give the total volume of Offers accepted for the Period, because any De Minimis, Arbitrage Accepted or NIV Tagged Offer volumes will not be included.
For post P217 Settlement dates the Priced Accepted Offers Volume is defined as the sum of the volumes of all Offers accepted for the period which are not De Minimis Acceptance volumes and not Arbitrage Accepted Offers which have not been Classified as Second Stage Flagged (i.e. which are not eligible to be re-priced). It should be noted that a consequence of this definition is that adding together the Priced and Unpriced Accepted Offers Volumes, PAOV and UAOV, does not necessarily give the total volume of Offers accepted for the Period, because any De Minimis or Arbitrage Accepted Offer volumes will not be included.
 
PDC - Price Derivation Code     BMRS    Top
The System Sell/Buy Price information published on the BMRS for each Settlement Period includes a Price Derivation Code which denotes the way in which SBP and SSP were derived by the calculation. The code is a character from 'A to L' and each code is explained below:

Code Description

SBP = Main Price

A SSP = Reverse Price
B SSP Capped to SBP
C SSP Defaulted to SBP
D SSP & SBP Defaulted to Market Price
E SSP & SBP Defaulted to Zero

SSP = Main Price

F SBP = Reverse Price
G SBP Capped to SSP
H SBP Defaulted to SSP
I SSP & SBP Defaulted to Market Price
J SSP & SBP Defaulted to Zero

No Main Price

K SSP & SBP Defaulted to Market Price
L SSP & SBP Defaulted to Zero
Note that Codes: D, E, I, and J are only applicable to pre P217 Settlement dates.
 
POWER PARK MODULES - Power Park Modules     GRID CODE   GD Top
Generation derived from an intermittent power source (e.g. solar, wind, tidal, wave) with a single point of connection onto the GB Transmission System (or Distribution System if embedded) and with operational metering. The current set of Power Park Modules is available in an Excel spreadsheet that can be downloaded from http://www.bmreports.com/bsp/staticdata/PowerParkModules.xls
 
QAS - Balancing Services Volume     BSC   T4.3 Top
The Balancing Services Volume is a volume which is received from the System Operator, which represents the volume of energy (MWh) associated with the provision of Applicable Balancing Services for each relevant BM Unit and Settlement Period. This volume is added to the total accepted bid and offer volumes for the relevant BM Unit when performing the Settlement calculations. Balancing Services has the meaning given to that term in the Transmission Licence, and Applicable Balancing Services refers to the Balancing Services in respect of which the System Operator submits Applicable Balancing Services Volume data.
 
QPN - Quiescent Physical Notification     GRID CODE   BC1 Top
The Quiescent Physical Notification is a series of MW values and associated times expressing the volume of generation or demand expected to be generated or consumed (as appropriate) by an underlying process that forms part of the operation of a particular BM Unit. QPN values are not used in Settlement, but if submitted to the System Operator are deducted from Physical Notifications to determine a net operating level to which the Dynamic Data of a BM Unit apply at a particular time. Submission of QPNs is optional.

See also Final Physical Notification
 
 
Re-priced Acceptance Volume     GRID CODE   BC1 Top
This value represents the amount of the associated Acceptance Volume which was not excluded from the System Price Stacks by De Minimis Tagging, Arbitrage Tagging and/or NIV Tagging, and which was Classified as Second-Stage Flagged and therefore subject to the Replacement Price.
 
RDRE - Run Down Rate Export     GRID CODE   BC1 Top
Run Down Rate(s) Export express the rate of decrease in active power production for a particular BM Unit which is exporting power within a particular operating range. There can be up to three of these for a given BM Unit. They are part of the Dynamic Data.
 
RDRI - Run Down Rate Import     GRID CODE   BC1 Top
Run Down Rate(s) Import express the rate of increase of active power consumption for a particular BM Unit which is importing power within a particular operating range. There can be up to three of these for a given BM Unit. They are part of the Dynamic Data.
 
RURE - Run Up Rate Export     GRID CODE   BC1 Top
Run Up Rate(s) Export express the rate of increase in active power production for a particular BM Unit which is exporting power within a particular operating range. There can be up to three of these for a given BM Unit. They are part of the Dynamic Data.
 
RURI - Run Up Rate Import     GRID CODE   BC1 Top
Run Up Rate(s) Import express the rate of decrease in active power consumption for a particular BM Unit which is importing power within a particular operating range. There can be up to three of these for a given BM Unit. They are part of the Dynamic Data.
 
SBP - System Buy Price     BSC   T4.4 Top
The System Buy Price is derived from Bid-Offer Acceptances, BSAD and Market Index Data. The Price Derivation Code can used to check how the price was derived.

The basic formula for computing the System Buy Price (SBP) for the settlement Periods before P217 is effective is:

SBP =  total cost of priced accepted offers + Energy Buy-Price Cost Adjustment (EBCA)          +   Buy-Price Price Adjustment (BPA)
 total volume of priced accepted offers + Energy Buy-Price Volume Adjustment (EBVA)


For Settlement Periods on and after P217 is effective, the same basic formula is used where SBP is the Main Price (where SBP is the reverse price SBP= Market Index Price), but with Disaggregated BSAD now combined with Acceptance data into a single set of System Buy Actions:

SBP =  total cost of System Buy Actions         +  Buy-Price Price Adjustment (BPA)
 total volume of System Buy Actions
 
SBVA – Buy Price Volume Adjustment (System)     BSC   Q 6.3 Top
SBVA is one of the BSAD items (see above). Its derivation is given in the System Operator’s BSAD Methodology Statement as

SBVA = max (Aggregated volume of all relevant Balancing Services purchased for system balancing purposes – Aggregated volume of all relevant Balancing Services sold for system balancing purposes, 0)
This value is non zero only for pre P217 Settlement dates.
 
SEL - Stable Export Limit      GRID CODE   BC1 Top
Stable Export Limit is a positive megawatt value, expressing the minimum stable operating level at which a particular BM Unit can export power to the transmission system. It is part of the Dynamic Data.
 
SIL - Stable Import Limit     GRID CODE   BC1 Top
Stable Import Limit is a negative megawatt value, expressing the minimum stable operating level at which a particular BM Unit can import power from the transmission system. It is part of the Dynamic Data.
 
SPA – Sell Price Price Adjustment     BSC   Q 6.3 Top
SPA is one of the BSAD items. Its derivation is given in the System Operator’s BSAD Methodology Statement as

SPA = (Aggregated cost of negative reserve option fees + Aggregated cost of sales of Forward Contract option fees) / (Aggregated volume of negative reserve contracts + Contracted MWh associated with options for Forward Contracts sold)

For the avoidance of doubt, if the denominator of SPA is zero in any Settlement Period, then SPA will be set to zero in that period.
 
SPLD – Forecast Surplus Day     GRID CODE   OC2.4 Top
This data is also known as OCNMFD - Forecast Daily National Surplus based on OC2. It is part of the 2-14 day forecast produced each working day by the System Operator as required by section 4.1.2 in Operating Code 2 of the Grid Code.


The Surplus is calculated by comparing the forecasts of Output Usable, which are submitted by the generators in accordance with OC2, against the Transmission System Demand Forecast Day (TSDFD) data which is produced by the System Operator.

An allowance for Operational Planning Margin (OPMR) is added to the TSDFD figure for each half hour, and the difference between the resulting total and the forecast of Output Usable is the Surplus figure, as shown in the diagram.

OPMR is the amount of extra generation over and above forecast demand required to meet a Loss of Load Expectation of one occasion per year. It is based on:
  • The day ahead forecasts supplied by generators and the standard deviation of these forecasts.
  • The System Operator’s demand forecasts and the standard deviation of these forecasts.
N.B. OPMR is not defined further in this Glossary as it is not data which is displayed on the BMRS.

The Surplus figure published for each day in the 2-14 day forecast is thus a half hourly average MW value for the half hour in the day which is forecast to have the highest demand.
 
SPLW – Forecast Surplus Week     GRID CODE   OC2.4 Top
This data also known as OCNMFW - Forecast Weekly National Surplus based on OC2. It is part of the 2-52 week forecast produced each Wednesday by the System Operator as required by section 4.1.2 in Operating Code 2 of the Grid Code.

The process used to calculate the Surplus is analogous to that used to calculate the Forecast Surplus Day (SPLD) figures in the 2-14 day forecast.

The Surplus figure published for each week in the 2-52 week forecast is thus a half hourly average MW value for the half hour in the week which is forecast to have the highest demand.

SSP - System Sell Price      BSC   T4.4 Top
The System Sell Price is derived from Bid-Offer Acceptances, BSAD and Market Index Data. The Price Derivation Code can be used to check how the price was derived.

The basic formula for computing the System Sell Price (SSP) for Settlement Periods before P217 is effective is:

SSP =  total cost of priced accepted bids + Energy Sell-Price Cost Adjustment (ESCA)         + Sell-Price Price Adjustment (SPA)
 total volume of priced accepted offers + Energy Sell-Price Volume Adjustment (ESVA)
For Settlement Periods on and after P217 is effective, the same basic formula is used where SSP is the Main Price (where SSP is the reverse price SSP= Market Index Price), but with Disaggregated BSAD now combined with Acceptance data into a single set of System Sell Actions:

SSP =  total cost of System Sell Actions           + Sell-Price Price Adjustment (SPA)
 total volume of System Sell Actions
 
SSVA – Sell Price Volume Adjustment (System)     BSC   Q 6.3 Top
SSVA is one of the BSAD items (see above). Its derivation is given in the System Operator’s BSAD Methodology Statement as

SSVA = min (Aggregated volume of all relevant Balancing Services purchased for system balancing purposes – Aggregated volume of all relevant Balancing Services sold for system balancing purposes, 0)
This value is non zero only for pre P217 Settlement dates.
 
Tagged Acceptance Volume     BSC   Q 6.3 Top
This value represents the amount of the associated Acceptance Volume which was excluded from the System Price Stacks by De Minimis Tagging, Arbitrage Tagging, NIV Tagging and/or PAR Tagging.
 
TEMP - Temperature      BMRS Top
Actual weather data is received by National Grid from their weather data provider for 6 weather stations around Britain. This data is used to calculate the actual GB average of all measured temperatures as at 12:00 local time on the previous day. This calculated average temperature is the temperature used within National Grid as part of the electricity demand forecasting process. The value is in degrees Celsius. If data from a particular weather station is unavailable on a given day, the transmission company will temporarily substitute this with data from another station.
 
TEMPHIGH - High Reference Temperature      BMRS Top
The High Reference Temperature is similar to TEMPNORMAL except that it has a 12% chance of being exceeded. The value is in degrees Celsius.
 
TEMPLOW - Low Reference Temperature      BMRS Top
The Low Reference Temperature is similar to TEMPNORMAL except that it has a 88% chance of being exceeded. The value is in degrees Celsius.
 
TEMPNORMAL - Normal Reference Temperature      BMRS Top
Normal Temperature is the daily average UK temperature which was exceeded on 50% of days during a 30 year historic period. The value is in degrees Celsius.
 
TRIAD - Triad Season      GRID CODE   GD Top
A Triad Season is a period of four months: November to February inclusive.
 
TSDF - Transmission System Demand Forecast      GRID CODE   OC 1.6.2 Top
The Transmission System Demand Forecast is made by the System Operator. The System Operator Transmission System Demand Forecast is based on historically metered generation output for Great Britain. This value INCLUDES Interconnector flows and demand from station transformers and pumped storage units. The Transmission System Demand Forecast is comparable with the Initial Transmission System Demand Out-Turn ITSDO). All the forecasts are unrestricted, i.e. any notified customer demand management is included in the history.
 
TSDFD – Transmission System Demand Forecast Day     GRID CODE   OC2.4 Top
The Transmission System Demand Forecast Day data is part of the 2-14 day forecast produced each working day by the System Operator as required by section 4.1.2 in Operating Code 2 of the Grid Code. It is produced using the same methodology as the daily Transmission System Demand Forecast. The figure published for each day in the 2-14 day forecast is a half hourly average MW value for the peak half hour in the day.
 
TSDFW – Transmission System Demand Forecast Week     GRID CODE   OC2.4 Top
The Transmission System Demand Forecast Week data is part of the 2-52 week forecast produced each Wednesday by the System Operator as required by section 4.1.2 in Operating Code 2 of the Grid Code. It is produced using the same methodology as the daily Transmission System Demand Forecast. The figure published for each week in the 2-52 week forecast is a half hourly average MW value for the peak half hour in the week.
 
UABV – Unpriced Accepted Bids Volume    BMRS  in accordance with BSC  Annex T-1 Top
For pre P217 Settlement dates the Unpriced Accepted Bids Volume for a period is the sum of the volumes of all Bids accepted for the period which have had their priced acceptance volumes set to zero because they do not form part of a continuous acceptance duration in excess of the Continuous Acceptance Duration Limit, CADL (at present set to 15 minutes) or they relate to an Excluded Emergency Acceptance. This volume is calculated by subtracting the total volume of priced accepted Bids (i.e. those which have not had their acceptance volumes set to zero) from the total volume of Bids accepted in the period. For a more detailed explanation of the calculations involved, please see section 5.4 of the BMRA URS.
For post P217 Settlement dates the Unpriced Accepted Bids Volume is defined as the sum of the volumes of all Bids accepted for the period which are not De Minimis Acceptance volumes and not Arbitrage Accepted Bids which have been Classified as Second Stage Flagged (i.e. which are eligible to be re-priced). It should be noted that a consequence of this definition is that adding together the Priced and Unpriced Accepted Bids Volumes, PABV and UABV, does not necessarily give the total volume of Bids accepted for the Period, because any De Minimis or Arbitrage Accepted Bid volumes will not be included.
 
UAOV – Unpriced Accepted Offers Volume    BMRS  in accordance with BSC  Annex T-1 Top
For pre P217 Settlement dates the Unpriced Accepted Offers Volume for a period is the sum of the volumes of all Offers accepted for the period which have had their priced acceptance volumes set to zero because they do not form part of a continuous acceptance duration in excess of the Continuous Acceptance Duration Limit, CADL (at present set to 15 minutes) or they relate to an Excluded Emergency Acceptance. This volume is calculated by subtracting the total volume of priced accepted Offers (i.e. those which have not had their acceptance volumes set to zero) from the total volume of Offers accepted in the period. For a more detailed explanation of the calculations involved, please see section 5.4 of the BMRA URS.
For post P217 Settlement dates the Unpriced Accepted Offers Volume is defined as the sum of the volumes of all Offers accepted for the period which are not De Minimis Acceptance volumes and not Arbitrage Accepted Offers which have been Classified as Second Stage Flagged (i.e. which are eligible to be re-priced). It should be noted that a consequence of this definition is that adding together the Priced and Unpriced Accepted Offers Volumes, PAOV and UAOV, does not necessarily give the total volume of Offers accepted for the Period, because any De Minimis or Arbitrage Accepted Offer volumes will not be included.
 
WINDFOR – Wind Generation Forecast    BMRS   Top
A forecast of generation for all Power Park Modules. This daily forecast provides values for 6 different times of day (00:00, 05:00, 08:00, 12:00, 17:00, 21:00) and each forecast includes 13 values covering the period from 21:00 on the current day (D) to 21:00 D+2.