Energy explainers - Helping businesses navigate how the energy system is evolving.

Explore our 2025 annual report summary as we reflect on the financial year 2024/25 and the progress we have made in the months since, recapping our global business activities, highlighting our key achievements, and looking ahead to the future of SmartestEnergy.

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Market-wide Half-Hourly Settlement (MHHS)

Market-wide Half-Hourly Settlement (MHHS) is a major industry-wide reform to how electricity usage is measured and settled.

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GHG Emissions Reporting

GHG Emissions Reporting Explained

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P432

P432 is a process used by Elexon to ensure that all advanced meters equipped with Current Transformers (CTs) are settled on a half-hourly basis.

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