Axpo offers tailored electricity products and energy services for companies. Our specialists consistently strive to develop environmentally friendly, sustainable solutions, and innovative technologies.
The year-on-year contraction of around 30% in European wholesale prices for electricity is a clear sign that the price slump will last longer than expected a year ago. Axpo therefore has to adjust the value of its production plants and make provisions for energy supply contracts again in the 2015/16 financial year.
In spring 2016, Axpo confirmed the presence of aluminium oxide inclusions in the reactor pressure vessel (RPV) of the Beznau nuclear power plant 1 (Beznau 1). The materials tests carried out on a test body, a replica of Ring C built by Axpo, now confirm these findings and validate the theory that the irregularities were introduced during the manufacturing process rather than during operations.
Axpo is one important step further along with the Limmern pumped storage plant (PSP). Today, 9 September 2016, the newly constructed Muttsee dam was christened in a festive ceremony. With its 1054 metres, the dam is the longest in Switzerland. Located at approximately 2500 metres above sea level, it is the highest dam in Europe.