19 Oct '17, 1pm

UK Will Be Vulnerable Outside of the EU's Energy Market

UK Will Be Vulnerable Outside of the EU's Energy Market

Britain’s divorce from the EU is less than 18 months away yet the arguments become more fractious and uncertainties over trading relationships seem no nearer to resolution. Among the big unknowns is what fate lies in store for the UK’s energy market and its relationship with Europe. Trade talks have yet to start as wrangles persist over the bill for a divorce settlement and what will happen to the Irish border. Yet there are so many other urgent questions, among them how, post-Brexit, the UK will sit within the EU’s internal energy market (IEM). So where is the country at the moment? Seemingly in a limbo that nobody wants. “We really don’t know,” says James Court, head of Policy at the UK Renewable Energy Association, wearily. “It’s difficult even to speculate.” What is known is that most power companies want the current tariff-free harmonized trading arrangements on gas a...

Full article: http://www.renewableenergyworld.com/articles/2017/10/uk-w...

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