Crucial intelligence to understand the changing dynamics of the Swiss energy market
The Swiss power market is on a path of significant change, moving away from nuclear energy towards increasing renewable buildout, boosting the share of solar energy. Since the government’s decision to withdraw nuclear energy may seriously affect the security of supply and power prices, it is important to keep abreast of all the developments with our subscription service.
What you need to know about the market
- The existing energy system in Switzerland mainly relies on hydro and nuclear power plants, as well as solar energy and biomass.
- Despite the significant role of nuclear in the power system, the government is planning to fully phase out nuclear energy, which is most likely to happen by 2045.
- Solar PV is beginning to play an increasingly important role in the Swiss power sector with capacity expected to more than triple by 2035, making up for the reliance on nuclear.
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