Brexit and the Internal Energy Market

The UK’s departure from the European Union, scheduled for March 2019, creates several areas of uncertainty in terms of the regulation of both the financial and energy markets.

This article on the Euractiv web site summarises a report by Chatham House (see here) which argues that in the short term, if an agreement is not reached by the departure date, there is a great deal of merit in the UK staying in the Energy Union and Internal Energy Market , given the number of inter-connectors  being built to the European Continent.

This article on The Guardian web site also examines the issues and looks wider, considering the UK’s future role in the Emissions Trading Scheme (ETS). This article on the Wind Power Monthly web site reports on discussions that have taken place between industry and the UK government, also urging for a way to be found for the UK to stay inside the Enegry Union.

This discussion is likely to continue unfolding over the coming months.

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