Tags: Swiss Energy Storage

4 FAQs about Swiss Energy Storage Power Standard

What is the future of electricity storage in Switzerland?

One important pillar of this strategy is the further development of electricity storage capacity in Switzerland. In the next years, three large-scale pumped hydro storage power plants will be connected to the grid. The first, the Limmern pumped storage plant (1 GW), should become operational in 2016.

Does Switzerland support pumped storage operators?

Despite the government's objectives defined in the Energy Strategy 2050, there is currently no direct support via subsidy for pumped storage operators in Switzerland.

How does a cost-covering fee affect electricity production in Switzerland?

Further, the introduction of a cost-covering fee for feed-in to the electricity grid, in order to subsidise new renewable energy sources in Switzerland, disadvantaged traditional hydro electricity producers. As a result, high prices during peak load times dropped, which substantially lowered the revenue stream of pumped storage plants.

How did the Swiss franc affect electricity production?

At the same time, the strong Swiss franc put additional pressure on national electricity producers. Further, the introduction of a cost-covering fee for feed-in to the electricity grid, in order to subsidise new renewable energy sources in Switzerland, disadvantaged traditional hydro electricity producers.

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