National Balancing Point (NBP)
Submitted by webmaster on Thu, 2018-07-26 11:40
National Balancing Point (NBP)
The NBP is an imaginary (notional, or virtual) point at which all gas that has paid the entry charge to enter the UK National Transmission System is deemed to be located. The point at which most UK gas trading takes place, and the largest gas hub in Europe. See Entry Exit.