Swissgrid, the national electricity grid operator, generated a net profit of CHF103.8 million in 2024, an increase of CHF3.8 million year-on-year. Sales were boosted by higher tariffs.
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Swissgrid a dû hausser ses tarifs en 2024 et vaincre de gros défis
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Net revenue totalled CHF1.825 billion, compared to CHF1.219 billion in 2023, Swissgrid announced Wednesday. This sharp rise in revenue is due to the disruption on the energy markets in 2022, with the operator passing on these costs in subsequent years. In 2026, services will again be cheaper, the company assures.
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Swiss electricity prices to fall by 10% in 2025
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Electricity prices will fall by an average of 10% for Swiss households in 2025, the Federal Electricity Commission ElCom reported on Thursday.
In terms of net profit, the company expects the 2025 financial year to be on a par with the previous year. Swissgrid’s business model is highly regulated.
Swissgrid is pleased that in 2024 it was able to “operate the Swiss transmission system safely and reliably. Availability exceeded 99.9%, despite a demanding environment”.
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Swiss inflation sank to four-year low in February
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Annual inflation in Switzerland fell further in February. The last time it was this low was in April 2021.
We select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate them into English. An editor then briefly reviews the translation for clarity and accuracy before publication. Providing you with automatically translated news gives us the time to write more in-depth articles. The news stories we select have been written and carefully fact-checked by an external editorial team from news agencies such as Bloomberg or Keystone.
Train vs plane: would you take a direct train between London and Geneva?
Eurostar is planning to run direct trains from Britain to Germany and Switzerland from the early 2030s. Would you favour the train over the plane? If not, why not?
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The Fête de l'Epouvantail (scarecrow festival) is celebrating its 30th anniversary and returns to Denens in canton Vaud for its seventh edition from July 10-20.
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A 35-year-old man has died in a work accident at the valley station of the Heimwehfluh cable car in Matten near Interlaken, canton Bern.
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The Swiss embassy in Tehran re-opened on Sunday after being closed on June 20 owing to the unstable situation in the country.
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Queen Maxima of the Netherlands and her youngest daughter Princess Ariane attended the Netherlands' women's European Championship football match against Wales in Switzerland on Saturday.
Swiss want to better protect military airfields from spying
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Swiss Defence Minister Martin Pfister says he wants to better protect Swiss military airfields against espionage activities.
Man charged with flying drone at women’s Euro 2025
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A man flew a drone around the venue on Wednesday evening during the first match of the Women's EURO 2025 in St. Gallen. The 30-year-old violated the absolute ban on flying during match days. He was reported to the police.
More than 250 Swiss companies sign CO2 reduction initiative
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A total of 257 companies from Switzerland have signed up to the Science Based Targets Initiative (SBTi). In doing so, they are committing to CO2 reduction targets that are compatible with the Paris Climate Agreement.
Swiss accident prevention group sees federal targets at risk
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The Swiss government's target for accident figures is at risk, reckons Mario Cavegn, member of the executive board of the Swiss Council for Accident Prevention.
Feminicide: Swiss justice minister calls for electronic monitoring
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Swiss Justice Minister Beat Jans has called for electronic monitoring and an ankle bracelet warning system for perpetrators of violence against women.
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American artist Chaka Khan ‘and friends’ opened the 59th Montreux Jazz Festival on Friday. For over three hours, their show, dedicated to their friend and mentor Quincy Jones, thrilled the audience,
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