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.

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