France's CRE steps up preparations for hard Brexit

French energy market regulator CRE said on Friday that it had approved daily rules for access to the France-England high-voltage electricity interconnector which would come into force in case Britain were to leave the European Union without a deal.

The regulator CRE said daily auctions would be held from March 31, 2019 delivery, to allocate capacity for the France-England power interconnector.

CRE had previously said that it was preparing a mechanism which would allow continuity in day-ahead electricity auctions between Britain and France in case there is no deal for Britain to leave the European Union on March 29.