BREXIT POSES MAJOR UNCERTAINTY TO POWER SECTOR
July 1st, 2016
THE UK’s vote on June 23 to quit the European Union (EU) creates deep uncertainty over the shape of future electricity industry regulations in Britain, and the UK’s regulatory relationship regarding power supplies with countries remaining in the EU.
Victory by the ‘Leave’ side in Britain’s in-out referendum enables the UK government to kick off an exit process by invoking Article 50 in the Treaty on European Union, which gives notice that member state wishes to leave.
Assuming Article 50 is invoked, and only a serious political crisis would prevent ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.