Moorhouse | B Corp Certified’s Post

Market-Wide Half-Hourly Settlement, where energy transactions are reconciled every 30 minutes, offers a more granular and accurate way of matching electricity supply with demand #flexibilitymarket. This change can bring both challenges and opportunities to #nuclearenergy and #nextgenerationreactors. Please get in touch to discuss how we can support your organisation to thrive post-MHHS. #MHHS #EnergyData #EnergyIndustry #NetZero #EnergyInnovation

The implementation of Market-Wide Half-Hourly Settlement (MHHS) is intrinsically linked to smart meters and the data they provide - one might say there is a bit of a reliance. There's also another reliance - the readiness of energy suppliers and their diverse supply chain to adapt to industry changes and to thrive with them. The people, processes and technologies that underpin billing, metering, customer contact, vulnerability, debt and settlement have to be ready to flex. Not only that, those same systems will have to support demand side response, EV/V2G, flexibility and time of use tariffs (amongst others), in order to foster an innovative and competitive route towards decarbonisation and net zero. Suppliers, their data providers and third-parties therefore all need to be collectively prepared to exercise the new settlement processes, to realise the benefits and to comply with the regulations. It's a great opportunity to use a mandated industry change for service improvement and commercial growth. #MHHS #Settlement #SmartMeters #EnergyData

The Government has big ambitions to provide Britain with cheaper, cleaner power by 2030, transition away from fossil fuels to clean homegrown power, and be Net Zero by 2050. The energy industry and organisations alike, must make big strides to support enablers such as the Market-Wide-Half-Hourly Settlement (MHHS).     MHHS will enable a smart, flexible energy system where consumers can take control of the energy they use and the prices they pay for it. Our article highlights the key opportunities and challenges that exist for organisations in the delivery of MHHS and argues that becoming an early adopter will attract new customers and reduce costs from day one.   If you want to hear more about how Moorhouse can support your sustainability, journey, please get in touch #sustainability #bcorporation #netzero https://lnkd.in/eMVfd8BP

MHHS represents a significant change (and opportunity) for the energy industry. Organisations must redesign processes to go-live successfully and it therefore presents the opportunity to streamline billing and settlement processes. My Moorhouse colleagues have shared their insights below...

The Market-wide Half-Hourly Settlement (MHHS) programme has significant implications for power generation. While much of the discussion has centred on customer impacts and demand-side behaviours, the effects on generation are equally important. The programme aims to reduce high carbon generation and ensure value flows through the energy lifecycle, ultimately leading to lower bills!   Metering data is crucial for MHHS, but upstream data from generation will also play a key role. Improved insights into actual generation and consumption will enable better planning and reduced waste. Generators will need to enhance their forecasting and scheduling accuracy. A shift in aggregate demand should lead to operational savings by reducing the need to operate generating assets at peak levels and lowering network operating costs. However, the challenge remains whether we have the assets that can respond to price signals in near-real time. Generators will need increasingly flexible assets and storage options to manage demand-side shifts. The programme incentivises fast-response assets, storage, and distributed generation, but it will require more complex data management and detailed operational, risk, and financial planning.   ❗ ❗ ❗ Power generators must act now to embrace the MHHS programme. Invest in flexible assets and advanced storage solutions, enhance your forecasting capabilities, and prepare for a more dynamic and data-driven energy market. The future of power generation depends on your ability to adapt and innovate. ❗ ❗ ❗ https://lnkd.in/dNky4eQJ #MHHS #EnergyData #NetZero #EnergyGeneration

There is a major change underway in the electricity market which will affect suppliers, DNO’s, data providers, the DCC, generators, a number of the code bodies, and most importantly consumers. Read our latest perspective if you would like to find out more, and get in touch if you fancy a chat! #MHHS #Energy #Regulation #EnergyRegulation

Another post in our series on MHHS. Do get in touch if you want to explore the opportunities for your organisation, or assess your readiness to take advantage of them. #MHHS #Readiness

Are you ready for Market-wide Half-Hourly Settlement (MHHS)? Ofgem’s MHHS reforms are set to transform the electricity system. By making the most of the rise in data from modern smart and AMR meters, MHHS aims to provide a more accurate picture of electricity consumption across the UK. That means better data insights for all your meters, to help manage your energy. Key industry-wide changes will include: ⏲️ Moving all MPANs to Half-Hourly Settlement 🏷️ New market terminology 📊 New data and metering services Take a look at the EDF dedicated webpage to get up to speed on MHHS and what it means for your business 👉 https://ow.ly/iKtb30sHgPP You’ll also find a downloadable guide with all the key information you need to know. Stay tuned for more updates on the latest developments and expert insights coming soon! #LetsTalkEnergy #LetsTalkMetering #MHHS #ElectricityMarkets #Metering

Busy times ahead! ⚡️ I’ve been deep in client meetings recently, particularly around Smart Metering and the upcoming transition to Market-Wide Half Hourly Settlement (MHHS). It's exciting to collaborate with teams dedicated to transforming how energy data is managed and used, driving efficiency and innovation in the sector. The shift towards half-hourly settlements is a game changer, providing more accurate data and improving energy flexibility—key to a sustainable future. Looking forward to seeing the positive changes MHHS brings to the market! #Energy #Utilities #SmartMetering #MHHS #DataTransformation #EnergyInnovation #ProjectManagement

I travelled up to Penrith in England’s #Lakedistrict today to spend the day with Electricity North West for their #DSO conference. A really insightful day looking at how ENW are responding to the challenges of moving from a traditional Distribution Network Operator role into #DSO managing bi-directional electricity flows enabling Low Voltage Consumers including Households with Battery Storage, Electric Vehicles and Heat Pumps to participate in the #FlexibilityMarket offering (and being paid for) Flexibility to the Sytem Operator. We heard that key to achieving the Three Ds of #Decentralisation, #Decarbonisation and #Digitalisation is access to accurate and open #Data. We also heard from Ofgem today about their plans to consult next year on proposals to license Aggregation Service Providers and who can group #FlexibleDataInfrastructure on behalf of owners of EVs and Batteries to manage and trade flexibility on their behalf. The key takeaway for me was that the Energy Market continues to develop at a rapid pace, keeping ahead of these changes and the emerging complexities around managing the #Data needed to build a decentralised Energy Market is going to be one of the biggest challenges for Network Operators, Energy Suppliers, Service Providers and Consumers. #Netzero #EnergyandInfrastructure #oneEXL EXL