Solar energy covers eleven percent of Switzerland’s electricity needs
Published: Monday, Dec 2nd 2024, 15:50
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Solar power covers eleven percent of the electricity demand in Switzerland. The industry's turnover for the current year is around CHF 3.7 billion, as shown by the first ever publication of the Swiss Solar Monitor.
In ten years, this figure is likely to exceed six billion, as the Swiss Solar Energy Association (Swisssolar) announced on Monday. The Solar Monitor contains forecasts up to the year 2035, based on the expansion targets for new renewable energies in accordance with the Electricity Act passed last June. By 2035, 35 terawatt hours (TWh) per year are to come from such sources.
Swisssolar expects an annual solar power yield of over 28 TWh by then. Solar power could contribute around 80 percent of the required Swiss electricity expansion by 2035 under suitable framework conditions. Achieving this target will depend on the structure of the Ordinance to the Electricity Act.
In comparison with international photovoltaic markets, Switzerland ranked tenth in terms of installed capacity per capita last year. Australia took first place. The solar industry currently employs around 11,000 full-time equivalents, the press release continued. According to the press release, this figure would have to rise to around 19,000 full-time equivalents in order to achieve the expansion target set out in the Electricity Act.
©Keystone/SDA
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