If Switzerland is to expand its renewable energy sector, it needs appropriate investment incentives. The Federal Council proposes that a revision of the Energy Act should remedy this situation. Axpo welcomes the Federal Council's initiative, but considers some of the proposed measures to be ineffective.
In amending the Energy Act, the Federal Council aims to introduce greater incentives for the expansion of renewable energy sources in Switzerland. Axpo fundamentally welcomes this approach. But the planned investment contributions are not suited to investment in urgently needed large-scale plants. Therefore, Axpo is proposing the introduction of tender-based floating market premiums, which are already established in Germany and France. In addition, a risk guarantee would ensure that there is sufficient investment in the long-term preservation of existing hydropower plants.