Consultation Proforma: Review of the Market Index Definition ...

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Currently, the weighted Products are H, 1, 2, and 4. Do you believe that any changes should be made to the product weightings within the MIDS; i.e. include the.
CONSULTATION PROFORMA: REVIEW OF THE MARKET INDEX DEFINITION STATEMENT (MIDS)

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ATTACHMENT 1 MARKET INDEX DEFINITION STATEMENT (MIDS) CONSULTATION PROFORMA We are seeking your views on the MIDS review. If you represent BSC Parties or any other party in connection with the MIDS your responses to the consultation should be submitted in this proforma.

Please send your responses to [email protected] by TBC and entitle your email ‘MIDS Review 2012’.

Respondent: Company Name: No. of BSC Parties Represented Parties Represented No. of Non BSC Parties Represented (e.g. Agents) Non Parties represented Role of Respondent

Name

Please list all BSC Party names of Parties responding on behalf of (including the respondent company if relevant). Please list all non Parties responding on behalf of (including the respondent company if relevant). (Supplier/Generator/ Trader / Consolidator / Exemptable Generator / BSC Agent / Party Agent / Distributors / other – please state 1)

Can we publish your response on the ELEXON website?

1

Delete as appropriate – please do not use strikeout, this is to make it easier to analyse the responses

Version Number: 1.0

© ELEXON Limited 2011

CONSULTATION PROFORMA: REVIEW OF THE MARKET INDEX DEFINITION STATEMENT (MIDS)

Q

Question

1

The ISG believes that the ILT should remain at 25 MWh.

Yes/No

1

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Rationale

Yes / No

Do you agree with this? Please give your rationale.

2

Currently, the weighted Products are H, 1, 2, and 4. Do you believe that any changes should be made to the product weightings within the MIDS; i.e. include the Overnight and/or Day Ahead Auction products?

Yes / No

Please give your rationale.

3

The ISG has recommended that changes should be made to the timeband weightings. Currently timebands 1 - 6 are weighted ‘1’. However, the ISG noted that timeband 6 could be removed with minimal impact on liquidity.

Yes / No

Do you agree with this change on the timeband weightings? Please give your rationale.

4

Do you have any further comments regarding this MIDS review?

Version Number: 1.0

Yes / No

© ELEXON Limited 2011