Scottish Energy Association (SEA), industry group representing companies that operate in all areas of power and energy related industries in Scotland, has released a statement on the Brexit vote outcome.
Both in the UK and specifically in Scotland, an on-going investment is required, in the interest of meeting targets and moving towards a low-carbon economy.
Therefore, meeting energy targets, not only in the UK but also globally, as discussed at COP21 in December last year, may become increasingly challenging, with such a degree of uncertainty following the UK’s vote to leave the EU, SEA said.
“Although the UK energy industry utilises local resources to meet energy requirements, there continues to be a dependence on imported resources, such as fuels, electricity and gas and without such trading, UK consumers may face a significant increase in cost,” SEA stated.
While none of the potential candidates set to replace David Cameron are enthusiastic supporters of renewable energy, according to SEA, the industry has made significant progress in recent years and it is important that the work towards the existing targets is continued, for Scotland, the UK and as discussed in Paris, the EU.
“While the future for the energy industry and specifically, the renewables industry remains uncertain, we will continue to support our members, many of which operate internationally.”
SEA also informed it plans to host a Brexit seminar in autumn, in the interest of supporting and continuing to share information with its members, as the UK prepares to leave the EU.
Formerly known as the Industrial and Power Association, SEA re-branded last year in an effort to become the go-to membership organisation for the energy industry in Scotland.