New Electricity Trading Arrangements

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]

  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