A Review of LE/Ventyx’s Cost-Benefit Analysis of Modification, P229, Lot 1 Report

The Brattle Group has been asked by Ofgem to review the cost-benefit analysis commissioned by Elexon on behalf of the Balancing and Settlement Code (BSC) Modifications Group and carried out by London Economics and Ventyx (LE/Ventyx). The main purposes of this review are to provide a view on the robustness of the analysis and conclusions presented by LE/Ventyx and to identify whether and, if so, what additional quantitative analysis might be required for the Ofgem assessment.

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