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@ARTICLE{Mayer:864546,
author = {Mayer, Philip and Ball, Christopher Stephen and Vögele,
Stefan and Kuckshinrichs, Wilhelm and Rübbelke, Dirk},
title = {{A}nalyzing {B}rexit: {I}mplications for the electricity
system of {G}reat {B}ritain},
journal = {Energies},
volume = {12},
number = {17},
issn = {1996-1073},
address = {Basel},
publisher = {MDPI},
reportid = {FZJ-2019-04283},
pages = {3212 -},
year = {2019},
abstract = {The UK’s exit from the European Union (EU) has potential
ramifications for the country’s electricity sector, given
its increasing interlinkage with other EU electricity
systems. Brexit could hamper the development toward higher
market integration and the realization of new interconnector
projects. Moreover, a fall in the value of the Pound,
resulting from Brexit in the medium term, could also affect
the electricity trading structure. Combining a European
electricity market model and a multi-criteria decision
analysis tool, this study assesses the implications of
Brexit for the electricity market of Great Britain
(hereafter GB) for 2030, from the perspective of (i)
political decision makers, (ii) electricity consumers, and
(iii) producers. Results indicate that the implications of
Brexit depend on the future development of the GB
electricity system and on the objectives of the respective
stakeholders. Possible opportunities brought by Brexit under
a low-carbon trajectory contrast with greater challenges and
tradeoffs between stakeholders under alternative power
system development paths. Despite increased British autonomy
in energy and climate matters, there remains interdependency
between British and EU energy policy.},
cin = {IEK-STE},
ddc = {620},
cid = {I:(DE-Juel1)IEK-STE-20101013},
pnm = {153 - Assessment of Energy Systems – Addressing Issues of
Energy Efficiency and Energy Security (POF3-153)},
pid = {G:(DE-HGF)POF3-153},
typ = {PUB:(DE-HGF)16},
UT = {WOS:000486860500009},
doi = {10.3390/en12173212},
url = {https://juser.fz-juelich.de/record/864546},
}