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THREAD: The key takeaways from our new @Policy_Exchange report: "The Future of UK-EU Energy Cooperation."
1/8 https://policyexchange.org.uk/publication/the-future-of-uk-eu-energy-cooperation/
1/8 https://policyexchange.org.uk/publication/the-future-of-uk-eu-energy-cooperation/
UK and EU energy markets are highly integrated after decades of liberalisation.
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2/8
However, EU energy policy hasn't always worked in the UK's interests.
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3/8
We recommend 5 key principles for future cooperation:
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4/8
These principles lead to 5 policy recommendations:
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5/8
The EU and the UK should move from a short-term ‘Energy Agreement’ to a long-term ‘Energy Partnership’.
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6/8
A long-term ‘Energy Partnership’ should be in place by the end of this Parliament (2024).
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7/8
Report covered by @emilygosden in @TimesBusiness, focusing on the potential for cost increases without a deal.
My quote: "These cost increases will be manageable, but there’s a strong incentive on both sides to come to an agreement on energy..."
8/8 https://www.thetimes.co.uk/article/brexit-threat-to-raise-bills-by-hundreds-of-millions-8nlph0swf
My quote: "These cost increases will be manageable, but there’s a strong incentive on both sides to come to an agreement on energy..."
8/8 https://www.thetimes.co.uk/article/brexit-threat-to-raise-bills-by-hundreds-of-millions-8nlph0swf
