Though estimates point to UK-level regulation being 2.5 times more cost-effective than the EU's, the so-called Brexit could result in a diminution of influence over EU energy policy "while still be largely regulated by it", says the consultancy.
“Whilst the full impact of Brexit is difficult to predict, it is well understood that energy and the environment are key pillars of EU legislation, and have, over time, intricately bolstered every facet of UK energy law and policy," says RCG director Lee Clarke.
Clarke underlines
