The collapse of Enron presented the UK's new electricity trading arrangements with their first major test. They passed, but there are still plenty of issues to be resolved, writes Sarah Moynihan
January 30, 2002 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
27 March, 2002 will mark the first anniversary of the implementation of the New Electricity Trading Arrangements (Neta) in England and Wales. This winter has seen enormous upheaval in the energy markets with the collapse of Enron and a number of other participants experiencing difficulties in the new market.
A key question has therefore been to what extent has Neta been a success and what are the key issues highlighted by this winter’s experience?
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