Business · Energy & Commodities · 5 hrs ago

Swiss audit office sees CHF220m savings in winter power reserve

Swiss audit office sees CHF220m savings in winter power reserve

Switzerland’s Federal Audit Office says the planned winter power reserve could save CHF220 million if it were designed differently.

The government plans to spend CHF2.18 billion on four reserve power plants from 2030 to help prevent electricity shortages.

The audit office says using backup generators could save CHF120 million over 15 years, but the Federal Office of Energy says they cannot replace reserve plants and can only supplement them.

The audit office also says the four plants would provide 83 megawatts more than the recommended minimum reserve for 2030.

The Electricity Commission says planning for risks is important and demand for reserve power could later rise.

The audit office says more renewable energy could reduce the need for reserves in late winter or make them unnecessary.

Parliament’s energy committee is waiting for a new assessment of electricity security, expected next spring, before considering the proposal.

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