NETA
April 1st, 2001
BY ALAN OSBORNTHE NEW Electricity Trading Arrangements (NETA) introduced in the UK on 27March have begun smoothly, in spite of warnings earlier in the year fromelectricity companies that insufficient testing of the system had takenplace and that market conditions were not favourable. Energy Minister PeterHain defied calls for a postponement of thelaunch of the new system and while there have been a number of glitches,most of them less dramatic than they appear at first sight, no majorfailures have been reported so far.NETA is run jointly by the Office of the ...
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