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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
Belfast event hears of 'red flags' on Brexit and energy market
The continuing concerns of energy professionals about the impact of Brexit on energy markets were expressed last month by EI Vice President Steve Holliday FREng FEI in his address to the EI’s Northern Ireland branch annual dinner.
Mr Holliday, who spent 10 years as Chief Executive at National Grid, spoke alongside Jenny Pyper, Chief Executive of the Northern Ireland Utility Regulator.
He spoke about the impact of Brexit on the energy industry – particularly in Northern Ireland: 'It’s vital that the energy industry seeks to inform and influence the events unfolding before us. And red flags have been raised by energy professionals around Brexit.’
‘While the UK may be leaving the EU in political terms, the pipes and wires that connect us remain and we will continue to be joined in physical terms.’
‘But there are concerns about new tariffs being levied that could create barriers for energy-related foreign direct investment and lead to increased cost and delays in the construction of energy infrastructure.’
‘For Northern Ireland,’ he said, ‘Brexit adds further complexity to the already complex process of establishing the Integrated Single Energy Market.’
Speaking on International Women’s Day, Mr Holliday was firm on the need to improve diversity in the energy sector: ‘The rate of progress on improving gender representation in energy is glacial – at the current rate of change we aren’t going to see parity for several generations.’
‘I firmly believe it is the responsibility of us all to inspire future talent from all walks of life to join us in our endeavours to solve the national and global challenges before us.’
