Article

Brexit and Energy Policy

Testimony before the European Parliament's Committee on Industry, Research and Energy

Publishing date
28 May 2018

Bruegel fellows Simone Tagliapietra and Georg Zachmann testified on May 16, 2018 before the European Parliament’s Committee on Industry, Research and Energy (ITRE) about the impact of Brexit on the European energy system. On aggregate, they argued that energy system related impact of Brexit on EU citizens and companies will be limited. With or without the UK, the EU will be able to complete its market, to achieve its climate and energy targets with feasible readjustments, and to maintain supply security.

In addition, they do not expect that it will be in the UK’s interest to seek a competitive advantage for its companies by discriminating against EU energy companies active in the UK, or by competing with the EU’s manufacturing industry through lowering energy taxes or environmental standards. Despite the negative impact of Brexit on the EU energy system is manageable, they illustrated that a vast number of very important details that will need to be resolved in a short period of time. Moreover, they outlined that special attention should be paid to the impact of Brexit on the Irish energy system.

A video of the testimony is available here.

About the authors

  • Georg Zachmann

    Georg Zachmann is a Senior Fellow at Bruegel, where he has worked since 2009 on energy and climate policy. His work focuses on regional and distributional impacts of decarbonisation, the analysis and design of carbon, gas and electricity markets, and EU energy and climate policies. Previously, he worked at the German Ministry of Finance, the German Institute for Economic Research in Berlin, the energy think tank LARSEN in Paris, and the policy consultancy Berlin Economics.

  • Simone Tagliapietra

    Simone Tagliapietra is a Senior fellow at Bruegel. He is also Adjunct professor of Energy, Climate and Environmental Policy at the Università Cattolica del Sacro Cuore and at The Johns Hopkins University - School of Advanced International Studies (SAIS) Europe.

    His research focuses on the European Union climate and energy policy and on the political economy of global decarbonisation. With a record of numerous policy and scientific publications, he is the author of Global Energy Fundamentals (Cambridge University Press, 2020), L’Energia del Mondo (Il Mulino, 2020) and Energy Relations in the Euro-Mediterranean (Palgrave, 2017).

    His columns and policy work are published and cited in leading international media such as the Financial Times, The New York Times, The Guardian, The Wall Street Journal, Le Monde, Die Zeit, Corriere della Sera, Il Sole 24 Ore and others.

    Simone holds a PhD in Institutions and Policies from Università Cattolica del Sacro Cuore. Born in the Dolomites in 1988, he speaks Italian, English and French.

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