This document informs people working in the Great Britain and Northern Ireland electricity markets and other stakeholders about changes to the trading and supply of electricity from 1 January 2021.
The UK government has concluded a Free Trade Agreement with the EU to come into effect following the transition period, ending 31 December 2020. This agreement provides a framework for future electricity trading across interconnectors between the UK and the EU. The agreed model of trading will take time to develop and will not be in place for 1 January 2021. Previously developed and communicated alternative arrangements – which will continue to allow trade and mutual support for security of supply – will need to be implemented in the interim, enduring until the agreed trading model can be put in place.
Further guidance on the electricity trading arrangements agreed in the UK-EU Free Trade Agreement will be published in due course.