Supply & Demand

The implications of Brexit

Following the result of the UK’s referendum on its membership of the EU, considerable uncertainty looks likely to persist in the short term Following the result of the UK’s referendum on its membership of the EU, considerable uncertainty looks likely to persist in the short term.
By Catriona Scott 30 June 2016 0 24318
British and European flags adjacent to one another Following the result of the UK’s referendum on its membership of the EU, considerable uncertainty looks likely to persist in the short term. (PA)

On 23 June, the UK held a referendum in which the country voted to leave the EU. Regardless of what happens next, the UK will continue to have energy infrastructure and trade linking it to the EU.

In this Research Note, GGA examines what the result of the referendum might mean for the UK’s gas market and its continuing energy links with Europe in terms of regulation, infrastructure and security.

Supply

The UK is becoming increasingly dependent on gas imports, and this trend will continue regardless of its...