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Elexon has implemented a series of tweaks to the Balancing and Settlement Code (BSC), which will help to streamline the registration process for so-called virtual power plants.
The twelve amendments – six modifications and six change proposals – will be of particular interest to aggregators wishing to combine multiple technologies within the same balancing mechanism unit (BMU).
They include P364, which clarifies the requirements for registering and maintaining BMUs, and P372, which speeds up the approval process for publishing of data on the balancing mechanism reporting service.
Elexon chief executive Mark Bygraves said: “The BSC change process is highly regarded for its robust governance and best practice.
“However, we are always looking at how we can streamline it so that it meets the changing needs of the energy market.
“The changes we are implementing help us to support new providers of electricity flexibility. They will also simplify the code, removing redundant BSC rules and inefficient processes.”
In April, Elexon began the registration process for a new type of BSC signatory known as a “virtual lead party” that is able to create an aggregated BMU without becoming the registered supplier for the sites they are combining.
The new role was created in preparation for the launch of Project TERRE (Trans-European Replacement Reserves Exchange), which suffered a setback last month.
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