Instead of using that potentially inaccurate FPN, Elexon now uses a Baselining Methodology . This looks at a site’s historical behavior to calculate what its energy flow would have been without the intervention, ensuring more accurate compensation. Key Features of P376
P376 solves this by "decoupling" the data used for grid instructions from the data used for payment.
Understanding P376: The Shift to Baselining in Energy Settlement Introduction
If the FPN was inaccurate, these providers could face financial penalties for "non-delivery," even if they successfully delivered the requested energy service. The Solution: Decoupling Dispatch and Settlement
Implements standardized algorithms (like the BL01 methodology) that account for differences between working days and weekends.
Providers still submit an FPN to National Grid (NGESO) so the grid knows what to expect in real-time.
While the energy modification is the most prominent "P376," the term may appear in other niche contexts:
Allows specific sites within a group to be marked as "inactive" if they are experiencing abnormal behavior (like maintenance), preventing them from skewing the group's baseline data.
Instead of using that potentially inaccurate FPN, Elexon now uses a Baselining Methodology . This looks at a site’s historical behavior to calculate what its energy flow would have been without the intervention, ensuring more accurate compensation. Key Features of P376
P376 solves this by "decoupling" the data used for grid instructions from the data used for payment.
Understanding P376: The Shift to Baselining in Energy Settlement Introduction
If the FPN was inaccurate, these providers could face financial penalties for "non-delivery," even if they successfully delivered the requested energy service. The Solution: Decoupling Dispatch and Settlement
Implements standardized algorithms (like the BL01 methodology) that account for differences between working days and weekends.
Providers still submit an FPN to National Grid (NGESO) so the grid knows what to expect in real-time.
While the energy modification is the most prominent "P376," the term may appear in other niche contexts:
Allows specific sites within a group to be marked as "inactive" if they are experiencing abnormal behavior (like maintenance), preventing them from skewing the group's baseline data.
