This Strategic Outline Case examines the strategic rationale for introducing market-wide half-hourly settlement and explores the interactions with other related projects looking to facilitate the energy system transition and improve consumer outcomes from the retail market. It also represents our first steps at analysing the economic costs and benefits of market-wide half-hourly settlement, and assessing the drivers on key players to successfully manage, finance and deliver the move to market-wide half-hourly settlement.
This is the first of three iterations of the Business Case before our decision on market-wide half-hourly settlement, expected by the second half of 2019. We will use the Business Case to support our final decision on market-wide half-hourly settlement and set out arrangements for implementation.