View from Brussels: Brexit fallout, what to watch in 2021

The UK and EU wrapped up 2020 by securing an eleventh-hour agreement on a trade deal. As 2021 gets underway, there are a number of areas where the impact of Brexit will have to be closely watched. There were huge concerns about whether the UK would start the new year under the blanket of a…

What does Brexit means for energy and climate change?

The UK-EU Trade and Cooperation Agreement (TCA) regulates the trade in electricity and gas between the EU and the UK over interconnectors, provides for cooperation in respect of security of supply, the integration of renewables into their respective markets and cooperation to develop hybrid projects that combine interconnectors and offshore windfarms in the North Sea…

Global HVDC Converter Stations Market to Grow by $ 3.36 Billion During 2020-2024

LONDON–(BUSINESS WIRE)–Technavio estimates the global HVDC converter stations market to grow by USD 3.36 billion, progressing at a CAGR of almost 14% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increase in…

Ireland warned of risk posed by Brexit to energy supplies

Ireland’s energy supply is at risk of being “doubly disconnected” due to Brexit, Taoiseach Micheál Martin has been warned. The claim came from the Irish Offshore Operators’ Association (IOOA) in a letter to Mr Martin at the end of November. The Programme for Government commits to a ban on new exploration for oil and gas…