Posted on: 04/10/2016
SSE’s Chief Executive Alistair Phillips-Davies has urged that existing energy policy frameworks are maintained in the wake of the Brexit vote.
In a letter to Greg Clark MP, the Secretary of State for Business, Energy and Industrial Strategy, Phillips-Davies outlines what the company sees as priorities for the development of the post-Brexit Great Britain and Northern Ireland energy markets.
As well as retaining existing policy frameworks, the letter urges Clark to ensure continued security in UK energy supplies by retaining the ability to access and trade with European electricity and gas markets.
It also says that Northern Ireland energy consumers should be able to continue to benefit from market efficiencies by maintaining the Single Electricity Market and arrangements for gas.
‘Change is inevitable’
Alistair Phillips-Davies commented:
“Few argue the GB and Ireland energy markets don’t need investment if they’re going to continue to maintain reliable, affordable and lower-carbon energy supplies and change is inevitable in our industry, more so given the result of June’s referendum.”
The company added that as the UK - EU energy relationship develops SSE’s focus will be to “identify opportunities that can benefit customers, employees and shareholders”.
> Read the letter here