Lhe electricity market has experienced unprecedented volatility in recent months. The war in Ukraine has only accentuated the phenomenon as well as the risks of bankruptcies and even chain reactions. The Confederation will fly to the aid of producers, just to counter the systemic risk that this threat poses to the entire Swiss economy.
“The Federal Council has decided to take all measures to deal with the worst-case scenario,” Energy Minister Simonetta Sommaruga announced on Thursday. “That is why he is preparing a rescue mechanism for the electricity branch.”
