Negative
Setback or risk materialised
High Impact
Major milestone or critical setback
Following the UK–EU Trade and Cooperation Agreement and the end of the Brexit transition period, Ofgem and CRE concluded that the exemption process under Regulation (EU) 2019/943 no longer applied to UK–EU interconnectors and that they lacked legal powers to decide on AQUIND’s Exemption Request. Consequently, on 28 January 2021 they decided to discontinue the ongoing joint consultation and assessment of AQUIND’s partial exemption request, effectively terminating this revenue-related application process.