THE NEW Electricity Trading Arrangements (NETA) introduced in the UK on 27

March have begun smoothly, in spite of warnings earlier in the year from

electricity companies that insufficient testing of the system had taken

place and that market conditions were not favourable. Energy Minister Peter

Hain defied calls for a postponement of the

launch 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 major

failures have ...

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