![energy-after-brexit-scaled](https://tridentutilities.co.uk/hubfs/Imported_Blog_Media/energy-after-brexit-scaled.jpg)
Energy After Brexit
As we all know, the EU and the UK have now reached agreement on a new trading partnership which commenced on January 1. But is it a good deal and how does it directly affect energy supplies between the EU and the UK? Some people think it smells a little fishy..
For many years, the UK has been a net importer of both gas and electricity. The UK produces enough gas to meet almost half of its needs (44%) from the North Sea and the East Irish Sea. We import 47% of the gas we use via pipelines from Europe with the remaining 9% delivered into the UK by tankers in the form of Liquefied Natural Gas (LNG). However, as the levels of production in the North Sea have declined, the UK is increasingly reliant on gas imports. The UK imports natural gas primarily from Norway (predominantly via the SAGE, FLAGS and Vesterled pipelines). Smaller volumes are imported from Belgium (via the UK-Belgium Interconnector) and the Netherlands (via the Balgzand to Bacton line).
In addition to this the UK has six electricity interconnectors allowing trade with continental Europe: England-France IFA1 (2GW capacity), England-France IFA2 (1GW capacity) England-Netherlands (1GW), England-Belgium (1GW), Northern Ireland-Ireland (0.6GW) and Wales-Ireland (0.5GW). Energy can flow in either direction via these interconnectors, but in reality, as energy is typically cheaper in the EU than the UK, we import more than we export.†
Latest news
From Errors to Eco-Friendly: The Role of Energy Invoice Audits in Achieving Sustainability
In today's rapidly evolving energy landscape, businesses are increasingly focusing on sustainability and cost efficiency. One crucial yet often overlooked aspect of this journey is utility cost...
Understanding the recent decline in energy prices and future market risks
Over the past 18 months, we've seen a notable decline in gas and power prices. This decline is a welcome relief after the sharp spikes experienced during the 2022 energy crisis. However, despite this...
The month in energy: June 2024
Check out our overview of the key news stories in the world of net zero and energy for June 2024.
See how much we could save you
Please call our team on 0345 634 9500 or email us at info@tridentutilities.co.uk.
![](https://tridentutilities.co.uk/hubfs/figure_man_mug_white.png)