[GGP] Brexit Energy Security Enquiry
The statements, opinions and data contained in the content published in Global Gas Perspectives are solely those of the individual authors and contributors and not of the publisher and the editor(s) of Natural Gas World.
This is a summary of a publication originally published by the Oxford Institute for Energy Studies in October 2017.
In this written submission to the Inquiry into the implications of Brexit for energy security in the UK by the EU Energy and Environment Sub-Committee of the House of Lords, we conclude that Brexit could have an impact on interconnecting-pipeline regulations. The use and value of these infrastructures could be affected by negotiations, leading to some new risks for UK in terms of not only Security of Supply but also energy pricing competitiveness vs the Continent. We also focused on Ireland, as this country, which is very well connected to the UK and poorly connected to the rest of the EU, will have a special position regarding Brexit negotiations. Finally, we stress that the price outcome of CO2 emissions determined by the EU ETS will also impact energy security in the UK because it dictates the fuel mix.
The statements, opinions and data contained in the content published in Global Gas Perspectives are solely those of the individual authors and contributors and not of the publisher and the editor(s) of Natural Gas World.