The UK-EU Trade and Cooperation Agreement (TCA) regulates the trade in electricity and gas between the EU and the UK over interconnectors, provides for cooperation in respect of security of supply, the integration of renewables into their respective markets and cooperation to develop hybrid projects that combine interconnectors and offshore windfarms in the North Sea (thus opening up the potential for a North Sea grid), as well as ensuring open and fair competition and stipulating general safety standards. [Read more…] about What does Brexit means for energy and climate change?
UK-EU oil and gas ties to remain strong post-Brexit, says GlobalData
Now that the UK left the EU, changes will occur for the oil and gas industry but the impact of Brexit is unlikely to hamper the strong industry ties that currently exist between the UK and the EU. [Read more…] about UK-EU oil and gas ties to remain strong post-Brexit, says GlobalData