In Switzerland, where traditionally a lot of electricity has to be imported in the winter from neighboring countries Germany and France, which are also not fully drawing their energy this year, preparations are being made for the major electricity shortage. The government has presented a multi-stage escalation plan against the blackout, which includes strict austerity measures and bans. You hope you don’t need it.
In 2021, Switzerland, whose many hydroelectric plants do not generate as much electricity in winter as in summer, had to import about 5.7 billion kilowatt-hours. But the suppliers themselves are faced with bottlenecks. The Swiss Federal Council has therefore presented a four-stage escalation plan. The drastic cuts should prevent worse – namely closures of large consumers or entire regions.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.