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Market-wide Half-Hourly Settlement
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Regulation and policy
Chart of the week | The shifting sands of settlement
Ofgem issued its draft impact assessment and consultation on Market-wide Half Hourly Settlement (MHHS) on 30 April. The MHHS significant code review (SCR), which has been running since July 2017, aims to utilise the smart meter rollout and reform the electricity settlement arrangements. These reconcile the difference between how much energy a...
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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...
