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Issue 431 | Profiling and Settlement

Issue 431 | Profiling and Settlement

Elexon ConsultationProfiling and Settlement: Reducing Settlement Timescales 9 September 2014 Elexon issued a consultation on 1 September for the Profiling and Settlement Review Group (PRSG) that is seeking views on the benefits and savings, costs and impacts of two options identified for reducing settlement timescales. Of the two options, the first would shorten the overall timeframe for settlements to seven months by April 2017 and the second goes further by proposing to reduce the timeframe by another three months, to four months by April 2020. This consultation seeks views to verify the PRSG’s initial view that the two options would be beneficial to ...

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