Supplier agent functions under market-wide half-hourly settlement
Correspondence and other
- Publication date
- Industry sector
- Supply and Retail Market
Supplier agents carry out certain functions related to settlement on behalf of suppliers (or, in some cases, customers). As part of our work on market-wide half-hourly settlement, we are considering whether or not to centralise functions currently performed by supplier agents.
At this initial stage, we have focussed on considering whether or not a central agent could have merit in principle, by looking at a set of key areas. This working paper sets out our analysis to date on these areas. Our analysis is ongoing, and so our thinking is subject to change. It also explains where we have open questions at this stage, and sets out the principles we intend to use to make an assessment.
This is not a consultation document – we will consult at a later stage before we make a decision. However, we welcome any views or further evidence from stakeholders. Please contact us at: half-hourlysettlement@ofgem.gov.uk. We would be happy to arrange a meeting or teleconference, or to take comments by e-mail.