New Electricity Trading Arrangements

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New Electricity Trading Arrangements (NETA) is the system of market trading arrangements under which electricity is traded in the United Kingdom's wholesale electricity market as of 27 March 2001.[1][2] The arrangements provided that parties could trade off their imbalances close to real time.[citation needed]

BETTA[edit]

As of April 2005, NETA changed its name to the British Electricity Trading Transmission Arrangements, and expanding to become the single Great Britain electricity market of England, Wales and Scotland.[3]

See also[edit]

References[edit]

  1. ^ The review of the first year of NETA. A review document: Volume 1. Ofgem. July 2002
  2. ^ The new electricity trading arrangements in England and Wales - Second Report of Session 2003–04. House of Commons Committee of Public Accounts, 16 December 2003
  3. ^ Ofgem archive on BETTA

External links[edit]


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