What is the impact of the EU-UK Trade and Cooperation Agreement on the energy market?

What is the impact of the EU-UK Trade and Cooperation Agreement on the energy market?

Following the end of the Brexit implementation period, energy trading between the EU and UK will now be governed by the provisions of the Trade and Cooperation Agreement (TCA).

This agreement, which came at the eleventh hour of Brexit negotiations, avoided the imposition of customs or tariffs and provides for the facilitation of trade and investment between the parties to the TCA. 

In the latest news analysis for LexisPSL, Silke Goldberg, partner at Herbert Smith Freehills, considers the key impacts of the TCA on EU and UK energy markets, including with respect to: the regulatory cooperation of: the transmission system operators, third party access and unbundling, interconnectors, power trading, renewable energy, climate change, carbon pricing and nuclear power.  

Click here to read the full article: Energy markets in the EU-UK Trade and Cooperation Agreement.

 

More information on energy can be found here.

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