Switzerland moves closer to the European electricity market
Published
The Swiss electricity regulator ElCom and the regulators of the Central Europe region have signed a joint position paper. The document sets out how Switzerland will be technically integrated into the calculation of cross-border capacities. Cross-border capacities determine how much electricity can be transported across national borders.
The new Central Europe region is being created by merging two existing regions for capacity calculation. These regions are called "Core" and "Italy North". The merger is intended to make processes within the European electricity grid simpler and better coordinated.
For Switzerland, this agreement is an important step. The country is closely connected to the European electricity grid, and a functioning electricity trade with its neighbours is of great importance for security of supply. The precise technical details of the integration will be further developed in the coming months.
The signing shows that cooperation between Switzerland and European regulators in the electricity sector is continuing. Further information on the timetable and next steps has not yet been published.
Sources: ee-news.ch
More Switzerland news
- Olympic Winter Games 2038 in Switzerland? Private deficit guarantee is meant to pave the way
- Database Records 1,900 Swiss Banks Since the 18th Century
- Christoph Dürr achieves best Swiss result
- Swiss TPH builds new apartments at Bachgraben
- Swiss Re is among the highest-dividend SMI stocks
- AfD and Switzerland: Connections Come Into Focus
- Swiss Stock Exchange: SMI Extends Gains
- Swiss Ski: Three Highlights for Fans Beyond the Race Course