EnergyWatch

Blackout risk spooks Switzerland after EU raises no-deal stakes

Switzerland faces possible exclusion from the European power-market coupling, with green origination certificates refused from July 1, due to the Alpine nation's failure to sign an extensive framework deal to replace historically privileged bilateral agreements with the bloc.

Photo: Ueslei Marcelino/Reuters/Ritzau Scanpix

The small Swiss town of Laufenburg has been a symbol of Europe's integrated electricity network ever since the grids of Switzerland, Germany and France were linked there in 1958.

For more than 60 years, "the Star of Laufenburg," as the switching substation is called, has helped ensure a stable supply of power for Switzerland and the rest of Europe as power consumption soared in the post-World War II era.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

EU to address stalled Danish nearshore wind project

Developer European Energy has received a positive response from the EU regarding project Omø Syd, which is currently on hold due to considerations over migratory birds. The European Parliament has now requested that the Commission launch an investigation into the matter.

Board reshuffle to boost Obton

The Danish solar investor has appointed new board members and now aims to quadruple its photovoltaic business ahead of 2025.

Seadrill secures comprehensive restructuring deal

John Fredriksen's strained drilling company Seadrill has settled a comprehensive restructuring agreement with a majority of its lenders, which among other things reduced the company's debt liabilities by almost USD 5bn.

Further reading

Related articles

Trial banner

Latest News

See all jobs