A House of Lords select committee has launched an inquiry into the implications of Brexit for energy security in the UK.
The EU Energy and Environment Sub-Committee said UK and the EU have common energy needs, and rely on common rules and an energy market to help ensure a secure energy supply. It said, “Leaving the EU exposes the UK energy system to some critical uncertainties, with potential impacts for both industry and consumers.”
The committee, chaired by Lord Teveson, will take evidence in September. It will consider:
- What the UK can learn from other non-EU countries’ experience of trading energy with the EU
- How the Single Energy Market on the island of Ireland could be maintained;
- The implications of withdrawing from the Euratom Treaty;
- The UK’s approach to funding energy infrastructure investment and energy research post-Brexit