Shane Tomlinson

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EuropaUnión EuropeaEconomía, ,

The UK’s energy market is deeply integrated with that of its European neighbours, so the forthcoming referendum on its membership of the EU has major implications for energy and climate policy. In our new research paper, we examined five models of post-Brexit UK-EU relations, ranging from the ‘Norway’ and ‘Swiss’ models to free trade agreements such as Canada has negotiated, membership of the Energy Community and finally a ‘no deal’ option. Our conclusion is that while each option involves trade-offs for energy and climate policy, remaining inside the EU offers the best balance for Britain’s interests. We see three areas where this is particularly important: market integration, energy and climate diplomacy, and the costs and disruption caused by leaving.…  Seguir leyendo »

EuropaUnión EuropeaEconomía

Europe is in the midst of a set of ambitious initiatives to transform its energy sector under the banner of building an ‘Energy Union’. The Energy Union provides a mechanism to manage the foreign policy dimensions of energy and climate issues.

However, the current EU approach to energy security and infrastructure focuses excessively on natural gas. As highlighted in a new paper, this ‘gas first’ approach risks crowding out other responses to the energy security challenge. It could result in the creation of stranded assets, if the future gas demand on which investments are predicated does not match projections. A narrow focus on new gas infrastructure could also impede development of other dimensions of the Energy Union.…  Seguir leyendo »