Switzerland powers up
Though not a member of the European Union, Switzerland is liberalising its power market in order to bring itself more in line with the EU's liberalisation policy. Oliver Holtaway takes a look at this process and the expected impacts on energy markets
Bordering Austria, France, Germany, and Italy, Switzerland is already a key European hub for cross-border trade. Despite this, the Swiss hub has not been considered to be a liquid market.
A recent move towards liberalisation in the Swiss power market has the full backing of the Swiss power industry, but could face political opposition. And there is also the thorny issue of long-term cross-border contracts, which are vital to Swiss energy security, but inimical to liquidity.
Proponents of
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