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A Matter of Time: the move to Market-wide Half Hourly Settlement

Rowan Hazell Senior Analyst

Ofgem has recently confirmed its approach to implementing Market-wide Half Hourly Settlement (MHHS) over a period of four and a half years. In this week’s Energy Perspective, we consider how the changes could support load shifting and the benefits that this would bring. Times Like These Electricity settlement is the process whereby volumes of electricity put on and taken off the GB system are allocated to generators and suppliers in the market for each of the 48 half hours ...

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