Is Brexit a risk for UK gas supply security?

If the UK were to leave the EU’s single energy market, it would have far-reaching implications for energy security that could revitalise LNG demand and boost investment in gas storage
By Peter Stewart 20 October 2016
If North Sea output declines, the amount of gas available from the Continent will become an increasingly crucial variable in the supply mix. (PA)

The National Grid has just published its Winter Outlook Report, stating that it is confident the UK’s diverse and flexible supply sources will be sufficient to meet gas and power demand this winter. Whether that lasts will depend in part on the UK government’s strategy for leaving the EU. Its decision to trigger Article 50 by the end of March 2017 has increased fears of a ‘hard Brexit’, rather than a ‘soft Brexit’ in which the UK would remain part of the single market. 

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