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UK to stay in EU ETS after Brexit, as predict carbon market industry figures

According to a Thomson Reuters survey, organized among over 700 carbon market participants, such as traders, company representatives and government officials, almost 50% of respondents believe that the UK will remain in the EU Emissions Trading System (ETS) after Brexit.

read more... 19/05/2017

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Brexit might almost double oil and gas trade costs

The trade body for the UK oil and gas industry is exhorting Prime Minister Theresa May to find solutions so as to minimize any Brexit fallouts, after a recent report showed that the cost of oil trading after the UK’s exit from Europe might double to approximately £1.1bn per year.

read more... 04/05/2017

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UK is likely to leave the EU carbon market following Brexit

UK is likely to quit the Europe’s carbon market following the Brexit, as stated by European Parliament's lead-carbon policymaker on Thursday.

read more... 10/02/2017

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France consents second electricity connection with UK, despite Brexit

French energy markets regulator CRE has authorized a scheduled second electricity link between France and the United Kingdom after consulting stakeholders, mentioning the project was still feasible and desirable despite Britain's decision to abandon the EU.

read more... 27/01/2017

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National Grid: Hard Brexit might cost UK energy sector

Exiting the EU energy market could reduce vital development and increase the cost of imported electricity, according to the National Grid, which has warned the move could enhance Britain’s probability of not being able to ‘keep the lights on’.

read more... 23/01/2017

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