Glossary

Profiling and Settlement Review Group (ceased)

The Profiling and Settlement Review Group (PSRG) is closed.

The PSRG was a subgroup of the Supplier Volume Allocation Group (SVG) from 2010-15. 

The PSRG’s remit was to review how to adapt profiling and Settlement processes to the use of advanced and smart Meters in the Non Half Hourly market, focusing on improvements within a 10-year timeframe. The PSRG reported to the SVG on a number of potential Settlement improvements. These included Half Hourly Settlement, reducing Settlement timescales and settling dynamically-switched smart Meters.

 

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