Bloomberg: Andrew Perry Discusses Uncertainty In The UK’s Energy Sector In Lead Up To Brexit
July 12, 2018
Brexit is setting up the risk that the legal arrangements allowing power and gas to flow across borders could come unraveled and drive up the cost of doing business, the article states.
Discussing investment in new energy interconnectors between Europe and the United Kingdom, Andrew highlighted that “the UK’s negotiating position on energy isn’t yet clear, and the ongoing uncertainty is the biggest risk to markets and investment.”
There’s a risk “either the arrangements we have post-Brexit become barriers to interconnectors working efficiently, or there’s so much uncertainty about the rules that investment doesn’t happen because people are so unsure about what’s going to happen,” he added.
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