The government has shelved its original plans to update the Electricity Supply Act following harsh criticism from the industry and cantons. This means the bill will go back to the drawing board.
The government wants to set new rules for system-critical energy suppliers once a current rescue package expires in 2026. First and foremost, the owners (cantons and municipalities) were to be held accountable.
However, the new proposed new requirements regarding organisational structure, risk management and minimum requirements for liquidity and equity were defeated in the consultation process.
The Federal Council therefore instructed the Department of Energy on Wednesday to revise the bill by the end of the year.
As this will no longer allow for a seamless transition from the rescue package to a successor solution, the rescue package is to be extended by five years.
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Electricity reserves still needed in Switzerland in midterm
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Switzerland’s energy supply remains uncertain. Electricity reserves are still needed in the medium term, the Federal Electricity Commission (ElCom) said.
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