Grant Allan, Department of Economics and Fraser of Allander Institute
The Scotland energy system is currently in the process of an unprecedented restructuring. The implications of the UK’s Brexit vote for these changes over both the short and long term are critical to the future shape of Scotland’s energy mix.
This matters for three reasons: first, energy policies have implications for the price of energy faced by households and firms; second, the Scottish government have identified the “transition to a low carbon economy” as an area which can deliver economic (as well as environmental) benefits in the short and medium term; third, Scotland has environmental (domestically-set) targets, paramount to which is reducing the carbon intensity of energy production and use.
Continue reading “How might Brexit affect the supply of energy in Scotland?”