No further delays to the Market-wide Half-Hourly Settlement (MHHS) programme will be accepted, Ofgem and the government have warned industry bosses.
- No further delays to MHHS: Ofgem and the government have warned industry bosses that no further delays to the Market-wide Half-Hourly Settlement (MHHS) programme will be accepted.
- Previous delays: The programme has faced multiple delays, including a 6.5-month delay approved last November due to slow progress in System Integration Testing.
- Industry disappointment: Ofgem boss Jonathan Brearley and energy secretary Ed Miliband expressed disappointment over the slow progress and emphasized the need for timely action.
- Industry response: Industry responses to Ofgem’s Innovation in the energy retail market consultation indicate a keen interest in implementing MHHS as soon as practicable.
- Call to action: CEOs are urged to allocate sufficient resources to ensure punctual delivery of MHHS milestones.
- Concerns over further delays: There are concerns within the industry about the impact of further delays on the energy sector’s transition to a zero-carbon economy and its ability to innovate.
Ofgem: No further delays to MHHS will be accepted – Utility Week