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Wang Xing1, Y. H. Song1, Xu Guiguang2(1. Brunel University, UK)(2. BSJ Power Technology Institute, Beijing 100083, China)  
In this paper. the current electricity trading arrangement in UK and the general idea about the new emergingtrading arrangement are reviewed briefly. The balancing mechanism, which is the key part of the new trading arrangement, isintroduced in detail. Moreover, the role of National Grid Company (NGC) in the new balancing mechanism is discussed.
【CateGory Index】: TM73
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