internal energy market

​The House of Lords EU Environment sub-committee has released a new report, in part detailing its views on electricity pricing and trading post-Brexit.

​Brexit has led to reduced trading over Irish electricity interconnectors and increased the frequency of extreme prices .

Energy UK chief executive Lawrence Slade has urged government officials to deliver more certainty and clarity over the future regulatory landscape in the wake of Brexit, claiming that the opacity around future frameworks is already impacting the sector.

Prominent politicians from across the political spectrum have warned against the UK’s departure from the Internal Energy Market (IEM) as part of Brexit, despite the country’s exit from the single market taking automatic continuation “off the table”.