Brexit: The Implications for the Internal Energy Market

In this podcast, Deni Mantzari from the University of Reading addresses the looming effects of Brexit on the EU’s internal energy market. 

While the terms of the UK’s planned exit remain to be seen, unravelling their ties with the EU undoubtedly poses considerable challenges to an EU which is pushing toward an increasingly harmonised Energy Union. Up to this point, the UK has played a pivotal role in shaping the energy policies and regulations of the EU, particularly with respect to the liberalisation of the market. How will the UK’s departure impact upon market integration initiatives, such as market coupling, cross-border balancing and cross-border capacity remuneration mechanisms, and the development of network codes?

In addition, at the level of governance, while the UK will have to interact with the EU’s energy networks, they will not be allowed to have representation in certain governing bodies such as ACER. In turn, without the UK’s influence, how might the EU’s energy priorities change? And, at an industrial and geopolitical level, how might a self-determined UK counter the challenges of being outside of the single market? 

 

Interested in this topic? Join the next Energy Law & Policy workshop on The Impact of Brexit on the UK and European Energy Markets

Cartoon by: © Tom Janssen


More on Energy Union Law

Financial Style Regulation in Wholesale Energy: Continuing Complexity
Financial Style Regulation in Wholesale Energy: Continuing Complexity

The last ten years have seen a slew of regulation hitting the energy markets. The regulations in question have their…

The Energy Sector at the European Court
The Energy Sector at the European Court

Several recent judgments of the European Court of Justice have had significant repercussions for the energy sector and offered new…

Is the Answer Blowing in the Wind?
Is the Answer Blowing in the Wind?

Wind power has become a key driver of the energy transition, with the strategy for offshore renewables being one of…

Join our community

To meet, discuss and learn in the channel that suits you best.

scroll

top