Profiling and Settlement Review Group (PSRG)

Our Profiling and Settlement Review (PSR) is looking at short-to-medium term reform of the Supplier Volume Allocation arrangements. This work is driven by the roll out of smart and advanced meters. In 2010 the Supplier Volume Allocation Group (SVG) established the Profiling and Settlement Review Group (PSRG) to support the PSR. The PSRG acts as an advisory group and makes recommendations to the SVG and Panel.

Work to date

The PSR has already delivered improvements to the settlement arrangements and led the debate on future enhancements. Key successes include:

  • A faster profile production process which takes account of more up-to-date data
  • A review of GSP Group Correction Scaling Weights
  • Modification P272, which would mandate half hourly settlement for consumers in Profile Classes 5-8

Current work

The PSR is currently in its third stage, and work is focussed on three projects:

1.     Profile enhancements

This project will use the opportunity presented by the smart meter rollout to identify improvements to the profiling process.

2.    Reducing settlement timescales

This project will investigate how to reduce settlement timescales while maintaining the integrity of the settlement process. In April we issued a consultation seeking to identify the key driver behind the timing and frequency of settlement runs.

3.    Settlement of dynamically switched registers

This project will identify options for process and system changes to ensure accurate settlement of any loads (and/or time of use registers) that are dynamically switched by means of smart or advanced Meters. We will issue a consultation in May siiking views on options and implementation approaches and requesting respondents to provide an impact assessment.

PSRG members represent Suppliers, Distribution Businesses, and Supplier agents. It also includes representatives from Citizens Advice and Ofgem, whose Smarter Markets Programme has close links with the work of the PSR. The PSRG meets on an ad-hoc basis dictated by the work of the PSR.

For more information, please contact bsc.admin@elexon.co.uk or telephone 020 7380 4217.

Members

  • Justin Andrews

    Chair

  • Andrew Colley

    Panel Sponsor

  • Mo Rezvani

    Member

  • David Smith

    Member

  • Ben Fuller

    Member

  • George Taylor

    Member

  • Rachael Burn

    Member

  • Eric Graham

    Member

  • Bob Brown

    Member

  • James Evans

    Member

  • Harish Mistry

    Member

  • Tim Roberts

    Member

  • Chris Welby

    Member

  • Seth Chapman

    Member

Profiling and Settlement Review Group (PSRG) - Historical Meetings

  • PSRG 34 6 August 2014, 10:00 - 16:00

  • PSRG 33 16 July 2014, 10:00 - 16:00

  • PSRG 32 4 June 2014, 10:00 - 16:00

  • PSRG 31 30 April 2014, 10:00 - 16:00

  • PSRG 30 27 February 2014, 10:00 - 16:00

  • PSRG 29 10 December 2013, 10:00 - 16:00

  • PSRG 28 30 October 2013, 10:00 - 17:00

  • PSRG 27 3 September 2013, 14 - 17:00

  • PSRG 26 3 July 2013, 10:00 - 16:00

  • PSRG 25 1 May 2013, 10:00 - 16:00

  • PSRG 24 18 March 2013, 10:00 - 16:00

  • PSRG 23 21 November 2012, 10:00 - 14:00

  • PSRG 22 22 August 2012, 10:00 - 13:00

  • PSRG 21 14 August 2012, 10:00 - 17:00

  • PSRG 20 26 June 2012, 10:00 - 16:00

  • PSRG 19 11 June 2012, 10:00 - 16:00

  • PSRG 18 24 April 2012, 10:00 - 16:00

  • PSRG 17 23 April 2012, 10:00 - 16:00

  • PSRG 15 22 February 2012, 10:00 - 17:00

  • PSRG 14 17 January 2012, 10:00 - 16:00

  • PSRG 13 15 November 2011, 10:15 - 16:00

  • PSRG 11 20 June 2011, 10:30 - 15:30

  • PRSG 10 10 May 2011, 10:00 - 16:00

  • PRSG 09 22 March 2011, 10:00 - 16:00

  • PSRG 08 15 February 2011, 10:00 - 16:00

  • PSRG 07 30 November 2010, 13:00 - 16:00

  • PSRG 06 17 October 2010, 10:00 - 16:00

  • PSRG 05 17 August 2010, 10:00 - 17:00