Profiling and Settlement Review Group (PSRG)
The PSRG was a subgroup of the Supplier Volume Allocation Group (SVG) from 2010-15.
Although now disbanded, we have left its meeting paperwork here for reference.
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.
The new Settlement Reform Advisory Group (SRAG) will continue work on Settlement reform under the Panel’s oversight. The Profiling Expert Group (PEG) will continue to discuss profiling issues at the SVG’s direction.