The significant benefits of electricity interconnection with the EU are threatened by the UK’s desire for self-determination.
The UK government has signalled that energy sector will be prioritised in the upcoming Brexit negotiations. However, what happens next is far from certain. Significant uncertainty about how trade will be structured post-Brexit and what impact this will have on the GB electricity sector has created substantial confusion for investors, market participants and electricity consumers. In this Regulatory Insight article, IPA Advisory examines both the UK’s and the EU’s current stated positions and how they could potentially affect the sector, before discussing which options are currently less likely to arise and possible short and medium-term outcomes.
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