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Helping you make sense of the energy and water sectors

Training

Electricity settlements: from the meter to the bank

Electricity markets require accurate quantification of power volumes flowing onto networks and consumed at premises to assign industry charges to parties, especially suppliers. However, the majority of meters are not read frequently enough to have immediate actual data for each thirty minute settlement period that is required by market rules. Electricity Settlements: From the Meter to the Bank will help you understand the mechanics that underpin central industry cashflows and charges that arise from the process of settling metered energy volumes.

This one-day course will explain the role of the key players in the settlement landscape, detail the role of the electricity meter ‘agents’, including data collectors and aggregators, and how profile classes are used to create half-hourly data for non half-hourly meters. Our experts will also describe the performance assurance regime for ensuring industry data is accurate, how settlement data is used elsewhere in the industry to levy charges including networks and policy scheme costs. We conclude by looking at Ofgem’s programme of work to introduce market-wide half-hourly settlement for all.

Who’s it for?

  • Suppliers – particularly those involved with pricing and settlement
  • Metering companies – particularly those active in agency roles, including data collection and aggregation
  • Regulator and government officials – particularly those involved in industry code change and smart metering 

What does it cover?

  • Overview of settlement landscape
  • Metering assets
  • Metering agent roles
  • Half-hourly and non half-hourly settlement processes, including profiling
  • Performance assurance
  • Use of settlement data elsewhere in the cost chain
  • Ofgem’s Market Wide Half-Hourly Settlement Significant Code Review

Booking Information

Location:

Mercure London Bridge Hotel

71-79 Southwark Street

London

SE1 0JA

Price:

£595 + VAT

Discounts are available for multiple bookings, please contact Emily at training@cornwall-insight.com for more information.

Sorry there are currently no upcoming dates, please contact us on 01603 602115 or via email

Plan your training pathway

All Cornwall Insight courses are arranged within training pathways, easily allowing you to select which level you required. Simply choose from the drop down below to view our development pathway.

1
Foundation
Course
Introducing the GB energy market
2
Intermediate
Course
Competitive consumer energy
3
Advanced
Course
Electricity settlements: from the meter to the bank