• Regulation and policy

    Chart of the week | Run like the wind: the benefits of faster settlement

    The Design Working Group (DWG) has delivered its preferred Target Operating Model (TOM) for Market-wide Half-Hourly Settlement (MHHS) to Ofgem, outlining how settlement arrangements could be reformed to bring benefits to industry and consumers. Settlement timescales will be reduced significantly, and here we look at the benefits that this could...