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Market-Wide Half-Hourly Settlements (MHHS) Soon To Come

Kate McCann
October 10, 2024

Market-Wide Half-Hourly Settlements (MHHS) is a significant change in the energy industry, and it’s something every club should know about. This new system will revolutionise how electricity is produced and stored, helping clubs reduce energy waste, cut costs, and better interact with energy providers. MHHS is one of the most substantial shifts in the sector since the introduction of full retail competition in 1998.

What Is MHHS?

MHHS is a ground-breaking reform designed to modernise the way energy consumption data is collected and applied. It requires all businesses, including clubs, to have a half-hourly meter, which measures energy usage in 30-minute intervals. With this more accurate data, clubs can gain greater control over their energy consumption, reduce waste, and discover new opportunities for energy savings.

Key Dates for MHHS Rollout

The transition to MHHS is set to begin in April 2025 and will be fully implemented by December 2026. Some suppliers will begin testing changes as early as December this year, starting with businesses and clubs that have Automated Meter Reading (AMR), smart meters, or Half-Hourly (HH) meters.

How MHHS Will Impact Your Club

MHHS will bring numerous benefits to clubs, especially those with higher energy use. Key impacts include:

Cost Management:
With more precise energy data, clubs can better manage energy costs and reduce unnecessary expenses.
Energy Efficiency:
Clubs can identify energy-saving opportunities by analysing the detailed data provided by MHHS.
Smart Meter Installation:
For clubs without smart meters, this will be the ideal time to consider upgrading to ensure they're ready for MHHS.
Demand Management:
MHHS enables better control over when and how energy is used, particularly by shifting demand to off-peak times, reducing pressure during peak hours.
Sustainability Goals:
MHHS helps clubs align with long-term sustainability efforts by optimising energy consumption and reducing waste.

Industry Changes

Along with MHHS, there will be changes to industry terms and processes. For example, “Data Aggregation” will be replaced by “Market-Wide Data Service.” The switch from traditional Half-Hourly and Non-Half-Hourly settlements to advanced smart meters will modernise the billing system, making it easier for clubs to track and manage energy use.

The introduction of MHHS marks a turning point for energy management, offering a wide range of benefits for clubs, from cost savings to greater sustainability. At Club Assure, we’re here to help clubs navigate this transition and ensure you’re ready to make the switch. If you have any questions about this, or would like to know more about making the transition, contact one of our dedicated team members on 0191 337 1866.