Energy UK publishes “Brexit and future EU-UK energy relationship"
Energy UK sets out its position on the key issues central to Brexit negotiations
- A comprehensive energy and climate chapter should be part of any future trade agreement with the EU
- Participation in the Internal Energy Market, continuation of the Single Energy Market on the Island of Ireland and close cooperation on climate change should form the basis of the future energy agreement
- Preserving the mutual benefits for consumers, businesses, competition and the environment should be at the centre of the agreement
In a new paper – ‘Brexit and future EU-UK energy relationship’ – published today, Energy UK sets out its position on the key issues central to Brexit negotiations, that will shape the UK’s future energy relationship with the European Union (EU).
The paper, launched at the ‘Future of the UK-Ireland Energy Relationship’ seminar organised by The British Irish Chamber of Commerce and Energy UK in London, calls for a comprehensive energy and climate chapter to be part of any future trade agreement with the EU.
In the position paper, Energy UK identifies three main areas the future UK–EU energy relationship should be based on: to maintain a close trade relationship through regulatory alignment with the Internal Energy Market, maintain the Single Energy Market on the Island of Ireland and work closely together with the EU to tackle climate change.
Energy UK highlights that these principles are crucial to ensure the efficient trade of gas and electricity, maintain security of supply while keeping costs down for UK and EU consumers and businesses and to deliver our climate change targets.
Other priorities for the industry include maintaining a close association with Euratom, securing trade and customs arrangements that allow the free trade of energy parts and a sensible and proportionate migration system that does not inhibit the competitiveness of the industry.
Lawrence Slade, chief executive of Energy UK, said:
“In order to keep costs down for UK customers and businesses, maintain security of supply and meet our climate targets it will be essential for the future EU-UK agreement to have a comprehensive energy and climate chapter and that we have participation in the Internal Energy Market.
“We will continue to work with all stakeholders in the UK and the EU to help shape our future energy relationship with the EU to ensure a successful outcome.”
Notes to Editors