The Impact of Brexit on the EU's Supply Security

Abstract

This chapter explores the impact of Brexit on the EU's energy supply security by analysing the prevalent elements of ‘availability' and ‘deliverability' used in the definition of supply security in the relevant EU legislation. The EU import dependency for oil and gas is, however, unevenly distributed among the EU‘s Member States. The 2019 Risk Preparedness Regulation sets out a common framework of rules on how to prevent, prepare for and manage electricity crises, bringing more transparency in the preparation phase and during an electricity crisis, and ensuring that measures are taken in a coordinated and effective manner. The 2017 Gas Supply Regulation seeks to ensure the continued security of gas supply during a crisis, its objective being ‘to ensure that all the necessary measures are taken to safeguard an uninterrupted supply of gas throughout the Union, in particular to protected customers in the event of difficult climatic conditions or disruptions of the gas supply'.