New Electricity Trading Arrangements (NETA) | Practical Law
New Electricity Trading Arrangements (NETA)
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New Electricity Trading Arrangements (NETA)
Practical Law UK Glossary w-001-6354
(Approx. 4 pages)
Glossary
New Electricity Trading Arrangements (NETA)
The trading arrangements introduced in 2001 in England and Wales to replace the Electricity Pool. NETA enabled generators and suppliers to buy electricity directly from each other. NETA is pronounced "neater". In 2005 NETA was developed into the
British Electricity Trading and Transmission Arrangements
. For more information on NETA, see
Article, New Electricity Trading Arrangements
and
Practice note, Electricity industry: overview
.