A Cross-country Comparison
Edited by Jean-Michael Glachant and Dominique Finon
Chapter 10: Opening the Swiss Electricity Market to Competition
Franco Romerio INTRODUCTION Market liberalization means the Swiss electricity sector is undergoing radical change. In this chapter I shall outline those changes in the light of the initial situation. From an institutional point of view, the organization of the Swiss electricity sector is clearly inﬂuenced by the federal context: the confederation provides legislative guidelines, while the cantons retain a marked degree of autonomy. Switzerland is home to some 1200 electrical companies, of which seven play a dominant role. In most cases the capital belongs to public authorities; however, several private companies play a major role at local, regional or inter-regional level. Until very recently, the market was closed to competition. Although not part of the European Union, Switzerland does represent a focal point for European interconnection. Hydroelectric power stations with reservoirs1 mean Switzerland can help cover peaks on the Central European network. I shall begin by presenting the main characteristics of electricity consumption and production in Switzerland, and of external trade in electricity. I shall then examine the organization of the market, dispatching and networks, the relations between electrical companies and between these and public authorities. I shall also comment on prices, costs, concession fees and water royalties, as well as the question of ‘stranded investments’ in hydroelectric and nuclear power plants. I shall conclude by outlining the federal electricity market legislation of 15 December 2000, the legal basis for the process of liberalization which began de facto in 1999. CONSUMPTION, GENERATION AND EXTERNAL TRADE On average, electricity generation...
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.