
Understanding the Market-Wide Half-Hourly Settlement (MHHS) and Its Impact on UK Businesses
The UK’s energy landscape is changing with the implementation of the Market-Wide Half-Hourly Settlement (MHHS), an initiative led by Ofgem to enhance the accuracy of electricity billing and promote a more efficient energy usage. This will bring significant changes to how businesses manage and are charged for their electricity consumption. But what does this mean for businesses, and why is it important?