It is important for market participants to consider how Brexit may affect their businesses, and ensure that the UK and European Governments and regulators are awareof the energy industry’s key issues. An orderly transition is essential so that security of supply and carbon reduction challenges are not put at risk. However, it is important to bear in mind that the real issues are not specifically energy related. The key issues are “macro” – the replacement of the four freedoms and the time it will take to put in place the UK’s new arrangements with the 27 Member States. This bulletin looks at these issues.
Download the Brexit bulletin on Electricity and Downstream Gas