Energy efficiency free trade agreements switzerland

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• Switzerland Country Commercial Guide
  • Doing Business in Switzerland
    • Market Overview
    • Market Challenges
    • Market Opportunities
    • Market Entry Strategy
    • Aerospace and Defense
    • Automotive
    • Energy
    • Equipment and Machinery
    • Healthcare
    • Trade Barriers
    • Import Tariffs
    • Import Requirements and Documentation
    • Labeling and Marking Requirements
    • U.S. Export Controls
    • Temporary Entry
    • Prohibited and Restricted Imports
    • Customs Regulations
    • Standards for Trade
    • Trade Agreements
    • Licensing Requirements for Professional Services
    • Distribution and Sales Channels
    • eCommerce
    • Selling Factors and Techniques
    • Trade Financing
    • Protecting Intellectual Property
    • Selling to the Public Sector
    • Business Travel
    • Investment Climate Statement (ICS)
    Last published date: 2022-08-12

    Overview

    Under Switzerland’s Energy Strategy 2050, the county aims to achieve net zero carbon emissions by 2050. To achieve this, Switzerland will require large-scale investments in renewable energy and clean technologies. The country intends to nearly triple output from non-hydro renewable sources such as wind and solar by 2035. Switzerland’s overall energy consumption in 2021 included petroleum products (43%), electric power (26%), natural gas (15%), and wood and coal (6%). Switzerland is nearly self-sufficient in electricity production. In 2021, more than 680 hydroelectric plants generated 61.5% of the electricity consumed in Switzerland. The country’s four nuclear plants generated another 28.5% of the electricity consumed in Switzerland, but also exported approximately half of their total production. Switzerland will decommission its nuclear power plants by taking them offline at the end of their current expected lifespan, but no later than 2034, in accordance with a national referendum held in 2011. (The first plant, Mühleberg, was taken offline in December 2019.) Switzerland is embedded in the European energy grid via its national grid manager (Swissgrid), which links Switzerland to France, Germany, Italy, and Austria. Switzerland’s power sector may require additional investment over time.