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Brexit would spark higher energy bills

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London, 24/3/16

Reacting to Secretary of State Amber Rudd’s speech later today on the importance of the EU internal energy market for driving down UK energy bills, Nick Mabey, Chief Executive of climate and energy think tank E3G said:

“Amber Rudd is absolutely correct that leaving the EU would push up UK energy bills. By accessing the huge EU energy market UK consumers save billions.

Drawing on energy from other countries when demand is high we can avoid having to build expensive power stations that would stand idle for most of the year. Just as our gas and oil resources are plummeting, leaving Europe would damage our energy security and increase the risk of the lights going out. There would be a price to pay. And it would be paid by every consumer on every energy bill.”

See our work on transmission planning and regional power market integration here

ENDS

Notes to Editors

  • E3G is an independent global think tank, working to accelerate the transition to a low-carbon economy. E3G specializes in climate diplomacy, climate risk, energy policy and climate finance.
  • In 2016, E3G was ranked the number one environmental think tank in the UK by the Go To Think Tank Index, second in Europe and sixth in the World.

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