Ireland’s Energy Market Is Unexpected Brexit Victim

By [email protected] The U.K.’s exit from the European Union at the start of 2021 has somewhat predictably affected British business sectors ranging from musicians to lobster exporters. But there’s another Brexit victim that had nothing to do with the U.K.’s departure from the EU: the Irish energy market.

All of Ireland’s energy interconnections with Europe run through Great Britain. And since the U.K. is no longer part of the EU’s internal energy market (IEM), both islands have been suffering from increased supply volatility.

However, the problem is eight times bigger in Ireland because of the significance of electricity imports relative to the size of

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