Brexit has put £370m a year on price of power from EU since 2021, experts say

Brexit has put £370m a year on price of power from EU since 2021, experts say

Energy industry, Brexit, Business, European Union, Europe, Politics, Foreign policy, UK news Business | The Guardian

​Trade body Energy UK also estimates total energy cost of leaving bloc could reach £10bn by end of decadeBrexit has added up to £370m a year to the price of power supplies from Europe, according to industry representatives who calculate that the total energy costs of leaving the EU could amount to £10bn by the end of the decade.Energy UK, the sector’s trade body, has called on Keir Starmer to negotiate a closer trading relationship with the bloc as part of the “reset” he is seeking with Brussels. Continue reading… 

Trade body Energy UK also estimates total energy cost of leaving bloc could reach £10bn by end of decade

Brexit has added up to £370m a year to the price of power supplies from Europe, according to industry representatives who calculate that the total energy costs of leaving the EU could amount to £10bn by the end of the decade.

Energy UK, the sector’s trade body, has called on Keir Starmer to negotiate a closer trading relationship with the bloc as part of the “reset” he is seeking with Brussels.

Continue reading… 

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