Brexit risks energy shortages and bigger bills, peers warn

Committee says it could cut investment, complicate energy trading and affect cost of supplyBrexit could leave the UK more vulnerable to energy supply shortages and drive up electricity and gas bills by making energy trading less efficient, a House of Lords committee has warned.Leaving the EU will diminish Britain's influence on energy rules and cast uncertainty over future European investment in UK energy infrastructure, the peers said in a report. Lord Teverson, the chair of the EU, energy and environment subcommittee, said the impact on energy prices could be significant. Continue reading...