The United Kingdom leaves the European Union on 31 January 2020 with a transition period without incidence on the French electricity market access.
Following the European Parliament’s ratification of the agreement for withdrawal of the United Kingdom from the European Union on 29 January 2020, the United Kingdom will cease to be a Member State of the European Union and become a third country on 31 January 2020 at 23:00 GMT.
A transition period will be entered into until 31 December 2020, during which Union law will continue to apply to the United Kingdom.
During this period, which may be extended for a year or two, the market players domiciled in the United Kingdom or those with a guarantor domiciled in the United Kingdom for their bank guarantees will be able to continue to participate in the French electricity market without incidence, in accordance with the contracts and market rules in force. In particular, access to the HVDC Cross-Channel and market coupling with the United Kingdom remain unchanged.
Once the new partnership between the EU and the United Kingdom has been defined, RTE will contact you regarding the provisions that will be implemented.
For additional information, please contact email@example.com (tel: +22.214.171.124.7000) or your usual sales contact.
January 31, 2020