Brexit lights slow fuse under EU energy goals

There’s a video doing the rounds on social media that explains how the UK’s foreign policy toward Europe hasn’t changed in 500 years. It’s from a political sitcom written more than 30 years ago but still sounds plausible. Sadly the writers didn’t imagine how the UK leaving the EU would go, so the current UK government will have to figure that out for itself. At the moment it looks like it will take at least a couple of years to get any real certainty on what the UK’s future relationship with the EU will be. Meanwhile, it’s business as usual from the EU side on energy issues. Fears that the UK might miss out on EU funding for energy projects are so far unfounded. The UK benefited from two EU grants for electricity infrastructure post-Brexit vote in July – Eur14.82 million for the Viking Link between Denmark and the UK, and Eur8.28 million for the UK’s compressed air energy storage project at Larne in Northern Ireland. Both of these projects are part of the EU’s Northern Seas offshore wind grid priority corridor, intended to link all the countries in the region to smooth out demand and supply variations. As a net

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Source: CTRM Center

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