Leaving the EU: negotiation priorities for energy and climate change policy Contents

Contents

Terms of Reference

Summary

1 Introduction

UK–EU integration on energy and climate change policy

Our inquiry

Climate change policy

2 Negotiating parameters for energy and climate change

The Government’s general negotiating parameters

The EU’s negotiation parameters

3 The Internal Energy Market

UK energy interconnection and trade with the EU

The European Network Codes and cross-border trading

The role of increased interconnection in managing intermittent generation

Financial benefits

Opportunities and risks for the UK of leaving the Internal Energy Market

Security, efficiency and competitiveness of energy supplies

Ongoing influence over Internal Energy Market rules

Alternative arrangements

Conclusions on membership of the Internal Energy Market

4 Northern Ireland

Introduction

The Integrated Single Electricity Market

Implications of leaving the Internal Energy Market for the island of Ireland

5 EU Emissions Trading System

Introduction

Performance of the EU Emissions Trading System

The case for reform

The EU Emissions Trading System and the Carbon Price Floor

Opportunities and risks of leaving the EU Emissions Trading System

Alternatives to the EU Emissions Trading System

Timing of any potential departure

6 Euratom

Introduction

Decision to leave–legal opinion

Safeguards

Nuclear trade

Research and development

Alternative relationships

Exit at the point of EU departure

Third party membership

7 Investor confidence and the future UK energy system

Introduction

Investor confidence

Opportunities outside the EU

EU funding and research and development

Wider supply chains and skills

Trade barriers

Skilled labour

8 Wider European legislation: energy efficiency and consumer protection

Introduction

Opportunities and risks of diverging from European energy efficiency standards

Revisions to VAT

Divergence from European product standards

9 Cross-cutting issues for energy and climate change policy

Introduction

Policy direction

Balance of mutual benefits

Dispute resolution and enforcement

Influence over future changes to EU rules

Transitional issues

Conclusions and recommendations

Formal Minutes

Witnesses

Published written evidence

List of Reports from the Business, Innovation and Skills Committee during the current Parliament

List of Reports from the Business, Energy and Industrial Strategy Committee during the current Parliament





4 May 2017