The financial cost of producing energy to power daily transactions has fluctuated a great deal over the last six months and at the same time, the environmental impact of producing energy continues to rise. With this level of instability and risk – particularly on the environmental side of the issue –countries are looking for ways to secure energy over the long term.
Viewed as a leader in innovation and competitiveness, Switzerland has become a top destination for companies looking to expand internationally. One additional benefit that companies can take advantage of is the growing culture shift towards the many applications of cleantech.
One example of this is SOLARPAYERNE, an impressive 38,000 square meter photovoltaic (PV) solar power plant. It is the most powerful PV solar installation in Switzerland (converting solar energy into electricity), combining solar energy production with eco-pasture. The system generates more than 6 million Kilowatt-hours annually, providing enough power for half of the 9,800 inhabitants of the Payerne region.
“The Solar Impulse air travel project and SolarPayerne are important examples of Switzerland’s efforts to develop and promote deployment and use of renewable energy and clean technology worldwide,” says Sylvain Jaccard, Head of Western Switzerland at Switzerland Global Enterprise, an organization that works all over the world to support entrepreneurs and promote Switzerland as a destination for businesses.
Though the impact of these initiatives will be significant over the full life of the installation, they are currently on the small side. It is clear that Switzerland’s energy supply has to be secured over the long term and the Energy Strategy 2050 is one way to achieve this objective.
Energy Strategy 2050 calls for a step-by-step withdrawal from nuclear energy. The energy supply is to be secured over time through the development of additional hydropower capacity, the use of new renewable forms of energy and the promotion of energy efficiency.
Switzerland is becoming less and less dependent on nuclear energy and plans to gradually close down its nuclear plants over the coming decades. Discussions about how this strategy will come to life are ongoing with key leaders in Europe and around the world.
For more information on these developments, please see the updates from the Swiss Federal Department of Environment, Transport, Energy and Communications (DETEC).
This post was written by Daniel Bangser, Director of U.S. Investment Promotion for Switzerland Global Enterprise, and is generously supported by Switzerland Global.
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