Switzerland has almost no domestic energy left

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Switzerland’s domestic energy resources will last until April 17, according to a study. From next Tuesday, the country lives, as it were, on credit from abroad. Oil, gas, uranium and other energy sources must be imported by the end of the year.

This corresponds to more than 70 percent of the total requirement. According to a statement from the Swiss Energy Foundation (SES), “Energy Independence Day” next Monday (April 17) symbolizes the high level of foreign dependence on Swiss energy supplies. This day indicates until when household energy resources would be sufficient if only they had been used from the beginning of the year.

Switzerland is in the lower midfield when it comes to energy independence

According to a study by SES, Switzerland transfers an average of CHF 8 billion abroad to import energy. In 2022 – after the Russian military invasion of Ukraine and the cessation of gas supplies from Russia – it will even amount to CHF 13 billion.

With an energy independence rate of 29.7 percent in 2021, Switzerland is in the bottom midfield in a European comparison. The leader is Estonia with more than 98 percent independence.

Still optimistic

After all, according to SES, Switzerland has managed to increase its energy independence in the past 20 years from about 20 percent in 2001 to almost 30 percent in 2021. However, this also has to do with lockdowns related to the corona pandemic, when mobility and demand from the industry decreased.

The Swiss Energy Foundation is optimistic: the energy transition from fossil and nuclear energy sources to a climate-friendly energy supply will further strengthen Switzerland’s energy independence, it writes. She sees the reason in the electrification of many applications with a simultaneous expansion of domestic electricity production capacity. (SDA)

Source:Blick