Elexon plays a vital role at the heart of the electricity system by managing the Balancing and Settlement Code (BSC), one of 11 major codes which set out the rules so that Britain’s energy system operates effectively.
We incentivise the balancing of supply and demand by redistributing the costs of balancing the system across market participants. We are trusted, independent, reliable market experts.
We are funded by our customers and provide our services without making profits. As Britain’s energy sector continues to evolve we are working to ensure that our BSC systems can support the future needs of our customers and progress to Net Zero. This includes rolling out Elexon Kinnect, which is using a cloud platform to deliver Settlement and all of our services. Find out more at www.elexon.co.uk