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29 May 2017
On May 21 2017 Swiss voters adopted a revised Energy Act.(1) The new law includes extensive measures to:
In particular, the revised act aims to promote energy from water, sun, wind and geothermic energy produced in Switzerland. Existing hydroelectric power plants will temporarily obtain subsidies and the construction of new nuclear power plants will be prohibited.
Energy markets, as well as energy supply, are going through a period of substantial change. One reason is the rapid progress of science and technology. Other reasons include declining demand and oversupply of energy, which have caused a substantial price drop. Further, after the Fukushima disaster, nuclear energy supply has been reconsidered.
As a consequence of the changing energy sector, the Federal Council adopted the Energy Strategy 2050. The strategy defines several long-term goals of Swiss energy policy to be achieved by 2050.
On September 30 2016 Parliament adopted a completely revised Energy Act that implements the first steps of the new energy strategy. These first steps cover the period until 2035. After the referendum was launched, the act was submitted to a public vote.
The purpose of the revised Energy Act is defined as follows:
To achieve this, the act sets forth several specific goals and measures to target energy saving and efficiency:
The following goals and measures target the production of domestic renewable energy:
Another important goal targets the nuclear phase-out:
The referendum against the revised Federal Energy Act was launched for several reasons. The main concerns included:
With a 58% yes vote, the revised Energy Act was approved.
The revised Energy Act will come into force on January 1 2018.
On the same date, the following revised or new ordinances will come into force:
The voting result is a clear statement in favour of a sustainable, renewable and local power supply and against new nuclear power plants. Additional steps to continue along the chosen path and further implement the new energy strategy can be expected.
For further information on this topic please contact Michael Lips or Madeleine Schreiner at Pestalozzi Attorneys at Law by telephone (+41 44 217 91 11) or email (email@example.com or firstname.lastname@example.org). The Pestalozzi Attorneys at Law website can be accessed at www.pestalozzilaw.com.
(2) For further details please see "Improving the sustainability of real estate".
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