Regulating Energy
| Regulating Energy | |
|---|---|
| Technical Guidance | Implications for the Isle of Man |
| Generating low-carbon electricity | The Isle of Man is not eligible for UK renewable energy incentives i.e. feed-in tariffs, renewable obligation certificates or contract for difference etc. Therefore, the origin of generation of renewable energy and certification of installers is not applicable in the IOM. |
| Running an oil and gas business | This webpage explains to businesses engaged in energy sector activities (e.g. oil and gas exploration and production operations), and companies obligated under the UK's Compulsory Stockholding of Oil regime, how these will apply should the UK leave the EU with no agreement in place. The provisions referred to in this notice are not directly relevant to the Isle of Man. |
| Trading gas with the EU | This webpage explains that the broad mechanisms of cross-border trading in gas are not expected to change (at least in the short-term) so there should no impact on trading arrangements between Great Britain and Ireland and therefore no impact for the Isle of Man. Manx Utilities will, as always, continue to engage on an ongoing basis with the relevant regulatory authorities in respect of any proposals that might affect arrangements. |
| Trading electricity | This webpage explains how cross-border trading and supply of electricity will be affected from 2021.
The Isle of Man Interconnector is a Distribution Interconnector that is fully embedded within the Great Britain network. Because it is connected to Great Britain and not an EU country, trading over the Interconnector will continue with Great Britain 'business-as-usual'. |
