Price manipulation to be banned in Swiss energy sector
Switzerland plans to enact laws to prevent price manipulation and insider trading in its domestic energy markets.
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Energy Minister Simonetta Sommaruga unveiled the plans on Friday, saying the reforms are needed to secure Switzerland’s energy security.
The proposed reforms would force energy companies to open their books to the energy regulator Elcom to give the authorities early warnings of supply problems.
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Explainer: how the Swiss electricity market works
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Switzerland is also suffering from the energy crisis, but a distinctive characteristic of its market is that it is only partially liberalised.
Swiss central banker wants to boost equity to head off risks
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Equity levels at the Swiss National Bank (SNB) are much too low for the risks its large balance sheet poses, according to Martin Schlegel.
Beer sales in Switzerland watered down by bad weather
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The past brewing year fell through in Switzerland, partly due to the bad weather. Beer sales shrank again. For the first time, per capita consumption fell below the 50 liter mark.
Compensation for Syrian after pregnant wife denied help on Swiss train
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Switzerland’s Federal Court has partially upheld the appeal of a Syrian family being deported from Switzerland to Italy in 2014. The man now also receives compensation.
Swiss-EU negotiations: Cassis to meet Sefcovic in Bern
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Swiss Foreign Minister Ignazio Cassis will meet the Vice-President of the EU Commission, Maros Sefcovic, in Bern on Wednesday.
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Swiss government takes further measures to prevent energy crunch
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The Swiss government has approved the use of emergency power generators for the coming winter to provide a total output of 280 MW.
Swiss electricity boss: energy crunch has not been totally averted
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The head of the Swiss Federal Electricity Commission says it is important to keep saving electricity to prevent energy shortages this winter.
Swiss parliament approves bailout for electricity providers
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Swiss electricity providers will have access to CHF10 billion in emergency state credit should they run into financial difficulty.
Leading Swiss energy firm granted credit to avoid cash crisis
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The Swiss government has granted Axpo a CHF4 billion credit line to prevent a liquidity crisis for the country's largest energy company.
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The Federal Cabinet is forming a special unit to respond to possible energy shortages, Economics Minister Guy Parmelin has confirmed.
Report: Switzerland should get through winter without power restrictions
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While Switzerland still faces an energy crunch, it should get through winter with enough power, a new study reportedly shows.
Swiss population urged to save energy to mitigate winter shortages
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The Swiss government has appealed to the population to save on household energy ahead of anticipated electricity and gas shortages this winter.
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