Electricity companies welcome conclusion of the electricity agreement
Published: Friday, Dec 20th 2024, 16:40
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The Association of Swiss Electricity Companies welcomes the conclusion of the negotiations on Bilaterals III, in particular the electricity agreement. The better Switzerland is integrated into the European electricity market, the more resilient, secure and cheaper its electricity supply will be.
It is particularly welcome that the basic supply can be maintained and that the sector has room for maneuver here, according to a press release issued on Friday. It is also positive that electricity suppliers and distribution network operators are allowed to remain in public hands, that flexibility is provided for with regard to reserve power plants and that no regulations are made for the awarding of hydropower concessions. Cooperation on hydrogen is also being sought.
The association is convinced that the liberalization of the electricity market in Switzerland will create optimal framework conditions for both the basic supply and market offers. One of the EU's conditions for concluding an electricity agreement is the freedom of choice for customers. According to the association, consumers will benefit from this freedom of choice.
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