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Issue 725 | Electricity settlement reform

Issue 725 | Electricity settlement reform

Tom Andrews Tom Andrews Senior Analyst

Electricity Settlement Reform Significant Code Review Gas and Electricity Alert Headline Assessment 1 Assessment & Recommendation Ofgem published an update on its mandatory half hourly settlement (HHS) workstream on 24 July. In this, it formally launched a significant code review (SCR) to examine the electricity settlement arrangements and, if warranted, institute mandatory HHS. The updated timeline has been pushed back considerably; it was initially proposing to make a final decision on the ways and means to implement mandatory HHS in the first half of 2018, with system and code changes in place at the same time. It is now planning to take this ...

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