Our Knowledge

10.Apr.2017

The impact of Brexit on UK and European Energy markets

Shepherd and Wedderburn’s Head of Energy and Natural Resources, Gordon Downie spoke at a workshop hosted by the Florence School of Regulation Energy & Climate last week on the impact of Brexit on the UK and European energy markets.

The workshop focused on the complex issues that Brexit poses from both a legal and economic perspective, and discussed possible scenarios that might play out in the run-up to Brexit. In addition to examining the ways in which the EU might redefine its energy agenda without the UK, and how a self-determined UK might establish itself in the energy market, speakers explored three major themes:

  1. The Impact on the UK Energy Market
  2. The Impact on the EU Energy Market
  3. The Impact on Competition Law and Policy and Enforcement

In the first session: The Impact on the UK Energy Market, Gordon Downie was joined by Michael Pollitt, Cambridge Judge Business School; Angela Hepworth, EDF Energy; Clara Semal, National Grid; and Paul Hallas, Centrica, to consider the Brexit effect on the market, particularly in areas such as electricity and gas trading, interconnectors, nuclear and RES policies, and how these will be navigated in the transition period.

You can download slides to each of the sessions can by clicking on the speaker’s name, above. Slides covering other sessions are available at the Florence School of Regulation's  event page.

 

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