5 November 2001
NETA and renewable generation
New Electricity Trading Arrangements have been criticised for damaging the prospects for renewables, but is NETA really failing the environment?
New electricity trading arrangements were introduced this year to make the wholesale electricity market more competitive and efficient - a move prompted by 10 years' experience under the Electricity Pool. There are three key early indicators of NETA's success to date, says Callum McCarthy, head of UK energy regulator Ofgem. First, wholesale electricity prices under NETA are 20-25 per cent below those under the Pool - good news for all electricity customers. Second, market liquidity is improving. The volume of trades has increased three-fold and the number of products traded has doubled compared to the same time last year. Finally, National Grid Company (NGC) has, under commercial incentiv
Also in this section
18 September 2025
The Trump administration is using energy exports to strengthen political and economic ties with allies and weaken adversaries, while simultaneously exploiting those ties to open up further markets for US energy
18 September 2025
The country’s intervention in global oil markets to stabilise prices could last well into 2026
16 September 2025
Politicians and executives alike expressed confidence in the trajectory for gas demand at this year’s Gastech, and record volumes of FIDs suggest little concern about a supply glut
16 September 2025
Last chance to submit entries to the 2026 WPC Energy Excellence awards before the deadline of 26 September
