Single UK-wide power market will launch in 2004

A single UK-wide wholesale electricity market will be in place by October 2004, the UK government and its energy regulator said in January.

The new market, known as the British-wide electricity transmission and trading arrangements (Betta), will open the regulated market in Scotland to competition in line with England and Wales. The electricity sector in the fourth region of the UK – Northern Ireland – will continue under government regulation.

The proposed single market will extend the new

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