Grid Trade Master Agreement
From Wikipedia the free encyclopedia
The Grid Trade Master Agreement (GTMA) is an agreement for trading electricity within the United Kingdom.[1]
It is normally used either when a power station has excess electricity, which it wishes to "sell back" to the power grid, or when the electricity company wishes to buy surplus power to meet a surge in demand, or reduction in supply.
Although electricity is a non-tangible asset, these agreements are used in order to trade guarantees to provide power for a certain length of time.
Notes[edit]
- ^ "Archived copy" (PDF). Archived from the original (PDF) on 2008-10-06. Retrieved 2008-10-20.
{{cite web}}: CS1 maint: archived copy as title (link)
 | This article about electric power is a stub. You can help Wikipedia by expanding it. |
 | This legal term article is a stub. You can help Wikipedia by expanding it. |