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2025-12-17 18:26:32
[UK and EU Launch Electricity Market Integration Negotiations, Focusing on Energy Costs and Security] ⑴ The UK government announced it will begin formal negotiations with the EU on electricity market integration, the latest step in deepening cooperation between the two sides. ⑵ London indicated that closer electricity cooperation, if the negotiations progress, is expected to reduce electricity costs for UK consumers. ⑶ The UK government believes this move will bring tangible benefits to UK businesses and consumers and will boost energy investment in the North Sea region, thereby strengthening energy security. ⑷ In addition to electricity negotiations, the two sides have also set deadlines for reaching a food and beverage trade agreement and establishing a carbon market interconnection mechanism by next year, aiming to achieve results before the 2026 UK-EU summit. ⑸ This series of negotiations marks a new stage in cooperation between the two sides in the economic, trade, and energy sectors, and its substantial progress will directly impact future energy prices and supply stability across the Channel.
