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]- ^ The review of the first year of NETA. A review document: Volume 1. Ofgem. July 2002
- ^ 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
- ^ Ofgem archive on BETTA
External links
[edit]- neta - Electricity Summary Page (live NETA information), ELEXON Limited
