Ofgem delays decision on electricity settlement reform

Ofgem has delayed the final decision on its plans for the introduction of mandatory half-hourly electricity settlement for households and small non-domestic customers until the third quarter of 2020.

The decision was previously scheduled for the second half of 2019 but had already been pushed back from the first half of 2018.

Ofgem said it has revised the timetable for its significant code review looking at settlement reform to take account of “some unavoidable delays”.

The regulator will use the extra time to further develop the target operating model recently recommended by a workgroup chaired by code administrator Elexon.

It is also developing more detailed plans for the arrangements for access to half-hourly data, beyond those laid out in a decision document in June.