Federal law on a rescue fund for the electricity industry

Due to the unprecedented price volatility on the energy markets, electricity companies are facing demands for additional liquidity to safeguard Swiss production. To prevent defaults in the event of further price spikes, the federal government wants to provide financial assistance to so-called system-critical companies. However, the drafted law goes far beyond this justified objective and deeply interferes with current law.

Revision of the CO2 Act

The amendment of the CO2 Act incorporates the uncontested parts of the total revision rejected in last June’s vote and lays the foundations for Switzerland’s climate policy from 2025 onwards. A larger proportion of the CO2 levy is to be earmarked in future to finance the proposed measures. This revision of the law represents another wasted opportunity to base Switzerland’s long-term climate policy on a pure control system that encompasses additional areas.

Partial revision of the Spatial Planning Ordinance

The amendment of the Spatial Planning Ordinance will make it easier to construct photovoltaic systems outside of building zones. This relaxation of the rules will create additional incentives to construct urgently needed capacities for the production of renewable energy. However, alpine ground-mounted systems remain prohibited. The partial revision offered an opportunity to at least permit the construction of such PV systems close to existing infrastructure.

Subordination of the strategic infrastructures of the energy industry to the Lex Koller

The proposed legislative amendment is intended to make strategically relevant infrastructures in the energy industry subject to the ‘Lex Koller’ (the law governing foreign ownership of property in Switzerland). This would mean that natural or legal persons in other countries would require a permit to purchase or participate in hydroelectric and nuclear power plants, transmission and distribution grids for electricity as well as pipeline systems for the conveyance of gaseous fuels or combustibles.
Axpo recommends refraining from this revision. It represents a grave encroachment on the guarantee of property and economic freedom. Simultaneously, it is an ineffectual means of strengthening supply security in Switzerland.

Further Statements

  • Revision of the Decommissioning and Disposal Fund Ordinance (SEFV) (German only) Send email Download
  • Indirectcounter-proposal to the federal popular initiative "For the future of ournature and landscape" (biodiversity initiative) (German only) Send email Download
  • Revision of the Energy Act (support measures from 2023) (German only) Send email Download
  • Revision of the Energy Efficiency Ordinance (EnEV), the Energy Promotion Ordinance (EnFV) and the Energy Ordinance (EnV) (German only) Send email Download
  • Partial revision of the Decommissioning and Disposal Fund Ordinance (SEFV) (German only) Send email Download
  • Revision of Water Law Act (WRG), new regulation of water rates (German only) Send email Download

We are happy to address these topics in more depth with media representatives and politically interested parties. Contact:

0800 44 11 00 (Switzerland)
+41 56 200 41 10 (International)

Energy market

To the Magazine

Energy market 12.05.2022

From weather to war

What's behind high electricity prices?

Read more

Energy market 06.05.2022

7 things you need to know about hedging electricity prices

The most important facts about electricity, gambling, hedging and rescue umbrellas

Read more

Energy market 05.05.2022

Power trading - so simple, so complex

Over the counter, on the exchange: where market players meet

Read more

Axpo on Twitter