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The closure of the Axpo Beznau nuclear power plant, the world's oldest operating facility at 64, has reignited debates on Switzerland's energy future. Politicians are pushing for rapid expansion of renewable energy, while concerns about potential power gaps and reliance on fossil fuels grow. The government is considering measures to accelerate renewable projects amid discussions on the fate of the remaining nuclear plants.
Electricity prices surged over 800 euros per megawatt hour amid a lack of solar and wind power in early November, raising concerns about future energy shortages in Switzerland. Axpo CEO Christoph Brand emphasizes the urgent need for expanding wind power and considering gas-fired plants to ensure energy security, especially as nuclear power plants are phased out. He warns that relying solely on hydropower and solar energy will not suffice, highlighting the necessity for a diverse energy mix to prevent blackouts in winter.
Swiss energy company Axpo plans to extend the operation of the Beznau nuclear power plant, the world's oldest, until 2033, investing CHF350 million in its infrastructure. Block 2 will operate until 2032 and Block 1 until 2033, resulting in 64 years of electricity production before decommissioning. The plant generates around 6 terawatt hours of electricity annually, enough to power 1.3 million households.
The Swiss Federal Office of Energy has halted approvals for new floating solar installations on reservoirs due to safety concerns, citing risks from extreme weather and geological events. The only existing plant at Lac des Toules has underperformed expectations, producing only 30% more electricity than lowland counterparts. Despite high costs and regulatory challenges, companies like Alpiq and Romande Energie are exploring new projects, while the government aims to establish legal safety requirements in the coming years.
Heavy snowfall from low pressure system Caetano has broken November records in Switzerland, causing significant traffic disruptions and affecting postal services. Meanwhile, a former army advisor faces a criminal complaint for billing over CHF 400,000 during the pandemic, and NATO convenes a meeting in response to Russia's missile threats against Ukraine. Additionally, Pam Bondi is nominated as Trump's new Attorney General, and Switzerland's energy outlook remains stable despite potential winter challenges.
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