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Energy industry expects “negative effects” from Brexit

Energy industry expects “negative effects” from Brexit


 

A survey of energy industry professionals has highlighted concerns over the impact of a vote to leave the EU in next week’s referendum. The Telegraph reported on Wednesday 15 June that an “overwhelming majority” of those who responded to the Energy Institute’s (EI) annual barometer anticipated “negative effects” on the UK energy system in the event of Brexit. EI president Jim Skea said: “In terms of securing energy supplies, renewable energy development, climate change and sustainability, and air quality, about four times as many respondents anticipate negative effects […] The single exception to this pattern was oil and gas production, where positive and negative views were broadly balanced.”