Help shape our Settlement & Invoicing services
We are looking to engage with interested parties through our Settlement and Invoicing Solution User Group. Participating in the User Group will enable you to help shape the future design of the solution on our new digital platform, Elexon Kinnect.
Although we are experts in the Balancing and Settlement Code we need to know more about how you use our systems and processes so that we can deliver the most value from the services.
By joining in the Settlement Solution User Group you will be able to give us your views about the current services, tell us what changes and improvements you would like to see, and have the chance to steer the priority order of our solution development.
Register your interest
Whether you’d like to be involved in the project or just kept informed, please sign up to our user group to stay in touch or get involved.
About the project
The Settlement Solution will handle our core balancing and settlement operations. It establishes several modular components, which access data storage and processing technologies that can be developed quickly in response to changes in market rules, without unduly impacting other services.
The objective of the new Settlement and Invoicing Solution is to enable us to respond more quickly to industry change. It will target Settlement accuracy to minimise the financial impact from changes in data through the reconciliation process using enhanced validation to prevent and detect errors. It will also support the Market Wide Half Hourly Settlement goal to reduce the Settlement timeline from 14 to 4 months.