Case Study
Contract Revisions Due to Electricity Market Reform
Case & Project Experience Contract Revisions Due to Electricity Market Reform Overview When the UK Government introduced the New Electricity Trading Arrangements (NETA) in 2001, it abolished the rules and institutions on which existing power purchase agreements (PPAs) relied. In particular, the “Pool Purchase Price” had previously acted as a reference price for settlement of financial “contracts for differences”. Under NETA, it ceased to be