Every quarter, we publish our progress against the commitments set out in our 2024-27 Business Plan. The report features an overview of performance against our key performance indicators (KPIs) and progress in the improvement programmes for this financial year.
This quarter, we report that 20 KPIs are at or above target and just one is below target, which is due to an overdue internal compliance audit action. The report also shows that we have completed 39% of all improvement programme milestones so far this year.
Key deliverables this quarter include:
- Market Performance Framework (MPF) Reform: MOSL consulted on Part D (Financial Tools) of the proposed framework. As part of this consultation, we held an in-person session to understand trading parties’ feedback and published a summary of feedback, as well as a detailed report of all comments received.
- Data Assurance Service: MOSL launched Phase 2 to the market, which seeks to assure premises and address data.
- Strategic Metering Review: We published a Good Practice Guide, in collaboration with the Metering Committee, providing a definition and guidance on handling continuous flows, which may indicate leakage at a customer’s premises.
At the end of Q2, the completion percentages for MOSL’s improvement programmes vary from 66% for the Bilateral Transaction Programme to 21% for Strategic Metering Review. This is due to the weighting of milestones across each quarter, meaning that Strategic Metering Review and Modernisation of Market Systems, which is tracking at 22%, have lower completion rates because they have more milestones scheduled in the final two quarters of the year. In contrast, Bilaterals has fewer milestones coming up as we have begun the transition to business as usual.
All of our quarterly updates can be found on our Quarterly Reports webpage.
View the Q2 report in full screen.
If you've read our reports before, you may notice that we have published this quarter's improvement programme report as a pdf. Next quarter we plan to publish the full report in a similar format, moving away from the usual PowerBI report. This is to make the publishing process quicker, while maintaining the transparency that these reports provide. If you have any feedback on this report or its new format, please email
