Market-Wide Half-Hourly Settlement (MHHS): A Smarter, More Flexible Energy Future
The UK energy market is undergoing a major transformation with the implementation of Market-Wide Half-Hourly Settlement (MHHS). This reform plays a key role in moving towards a smarter, more flexible energy system, ensuring that energy usage and generation are accurately measured and settled every 30 minutes. According to Ofgem, MHHS is expected to bring net benefits of between £1.6bn and £4.5bn for consumers in Great Britain from 2021 to 2045.