What is the purpose of the Market Wide Half Hourly programme?

It is to maximise the opportunities provided by smart metering. It will also provide the following:

Mandatory Half-Hourly Metering:

All electricity consumers, including households and businesses, will be required to have a smart meter that reads the meter every half-hour .

Accurate Billing:

This move to half-hourly settlement ensures more accurate billing based on actual consumption, rather than estimations, which can lead to fairer pricing.

Flexibility and Efficiency:

MHHS will enable a more flexible and efficient electricity system by providing detailed insights into energy consumption patterns, potentially supporting time-of-use tariffs and demand-side response.

Enabler for Net Zero:

MHHS is seen as a crucial enabler for the UK’s Net Zero targets by facilitating a smarter and more flexible energy system, potentially reducing reliance on fossil fuels.

For more information go to https://www.mhhsprogramme.co.uk/programme-information/programme-overview