Market Wide HH Settlement Adapter
Introducing the Market Wide HH Settlement (MHHS) Data Integration Platform (DIP) Adapter, a powerful solution designed to streamline and enhance the integration of MHHS data into your existing systems. This cutting‑edge adapter empowers market participants to efficiently process, analyse, and utilise settlement data with ease. Unlock the potential of your data and gain a competitive advantage with our robust DIP Adapter.
Benefits of the MHHS Programme and the DIP Adapter
Enhanced Settlement Accuracy: The MHHS programme enables more accurate settlement by reconciling differences between electricity purchased and customer demand. Our DIP Adapter facilitates seamless integration of HH data, improving settlement accuracy and reducing errors.
Net Benefits for Consumers: Market‑wide half‑hourly settlement (MHHS) brings significant net benefits for consumers in GB, ranging from
£1.6bn to £4.5bn over the period 2021‑2045 according to Ofgem. By adopting the DIP Adapter, you can capitalise on these benefits and drive cost savings for your customers.
Behavioural Change and Grid Load
Management: MHHS encourages flexible energy usage, empowering customers to reduce energy consumption during peak times. The DIP Adapter enables you to offer Time of Use (ToU) tariffs, incentivising customers to shift energy usage
to off‑peak periods, contributing to grid load management and optimising energy supply.
Efficient Data Processing: With over 144 million readings to process, settled, and billed correctly for just 100,000 meters in a month, the MHHS scheme poses a significant data processing challenge. Our DIP Adapter is specifically designed to handle the high volume of MHHS data, ensuring robust and efficient processing of read data.
Seamless Integration: Our DIP Adapter seamlessly integrates with your existing data systems, enabling smooth data flow and eliminating the need for manual data entry.
This ensures accurate and up‑to‑date settlement information at your fingertips.
Comprehensive Data Coverage: The DIP Adapter supports a wide range of data points, including settlement prices, volumes, participant details, meter readings, and more. It provides a holistic view of the MHHS market, enabling you to make informed decisions and identify opportunities
Real‑Time Data Updates: Stay ahead of the curve with real‑time data updates. The DIP Adapter fetches the latest settlement data as it becomes available, allowing you to monitor market dynamics and respond swiftly to changes.
Customisable Data Mapping: Tailor the DIP Adapter to meet your unique data integration requirements. With flexible data mapping capabilities, you can effortlessly align the MHHS settlement data with your internal data structures and processes.
Scalable and Secure: Our DIP Adapter is designed to scale effortlessly with your business needs. It can handle large volumes of data efficiently while maintaining robust security protocols to protect sensitive
Regulatory Compliance: Stay compliant with industry regulations and standards. The DIP Adapter incorporates regulatory requirements and ensures adherence to data privacy and security guidelines, giving you peace of mind.