Subscribe to our free daily newsletters
  Energy News  

Subscribe to our free daily newsletters

EU wants Swiss in common energy market

disclaimer: image is for illustration purposes only
by Staff Writers
Bern, Switzerland (UPI) Jan 18, 2011
European Energy Commissioner Guenther Oettinger has urged Switzerland to join the EU electricity market in a bid to gain a compact consumer with large hydropower storage capabilities that could protect the European grid from outages.

Brussels plans to introduce a common, liberalized power market and would like to see non-EU members Norway and Switzerland take part.

Norway is a traditional fossil fuel producer but it also has major hydropower storage facilities -- just as Switzerland does.

By liberalizing its power market and integrating it into the EU's, Switzerland could play an important role in the European Union's future energy mix, Oettinger said last week at an energy conference in Bern.

Surrounded by EU members, Switzerland could use its geographic position in the center of Europe, its excellent infrastructure and its hydro-storage capacities to "become one the important energy storage players in Europe," Oettinger said, according to remarks prepared for delivery at the Swiss conference.

"It could deliver users in the EU hydropower when the wind in the North doesn't blow, and the sun in the South doesn't shine," he said. "That way, Switzerland could keep its role as a power hub in Europe."

Brussels and Bern are negotiating the look of such a venture. Switzerland has liberalized its commercial power sector but not its private one. It had planned to do so by 2014 -- too late for Brussels' liking. The EU wants to Switzerland to make a decision this summer.

The talks have to overcome certain roadblocks. Oettinger said for Switzerland to play a major role in European energy decision-making, it had to completely integrate its market, meaning that it would have to adopt the full set of EU regularities.

"These are the preconditions for an agreement," Oettinger said. "It would be hard to imagine that Switzerland could keep its market rules, which differ from the EU's, and at the same time demand a key role in the future energy market of the EU. This would distort the starting conditions in an unacceptable manner."

A tiny landlocked Alpine country, Switzerland already shares the EU's targets of reducing greenhouse gas emissions by 20 percent, boosting energy efficiency and the level of renewables in the energy mix to 20 percent, all by 2020 compared with 1990 levels.

In November, the 27-member body outlined its energy infrastructure priorities for the next two decades, saying some $270 billion have to be invested into "smart" power grids, electricity highways as well as new oil and gas pipelines.

Share This Article With Planet Earth DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook

Related Links

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

BP hydrogen plant awaits Abu Dhabi's 'endorsement'
Abu Dhabi (AFP) Jan 18, 2011
A joint venture between BP and Abu Dhabi's Masdar to build a $2.2 billion hydrogen power plant has been delayed as it still awaits government "endorsement," a BP statement said Tuesday. "The HPAD (Hydrogen Project Abu Dhabi) is technically ready" to go ahead, "but still awaits final endorsement by the Abu Dhabi government," the statement said. "At this juncture, it is not known when that ... read more

China and the U.S. sign energy deals

S. Korea orders hotels, stores to turn down heat

Five Standout Species For Extensive Green Roofs

Eon CEO calls for European energy strategy

India plans tidal power station

BHP says coal output fell 30% in Australia floods

US creates new agencies for oil oversight

EU halts emissions trading after hacking

Mortenson Construction And enXco Partnership Build Sister Wind Projects

Lucintel Benchmarks Wind With Solar Energy

Natural Power Tackle Complex Wind Flow Conditions In Alaska For GVEA

China first in wind power capacity

SolarPrint Launches Unmatched Energy Harvesting Technology

Envision Solar Installs Solar Parking Project At Ecotech Institute

ReneSola Improves Cell Efficiency With New 'Virtus Wafer'

Largest Single-Roof Top Solar System In North America

Russia to help Belarus build nuclear power plant

Top US lawmaker targets civil nuclear pacts

Italy court opens way for nuclear power referendum

School boycott over Indian nuclear station: report

Biofuels Production From Integrated Seawater Agriculture System

Bioplastics And Biofuels Partnership Opportunities Are Drying Up

China Will Scale Faster Than US In Race For New Transport Fuels

Celanese Signs LoI For Ethanol Production Facilities In China

China Builds Theme Park In Spaceport

Tiangong Space Station Plans Progessing

China-Made Satellite Keeps Remote Areas In Venezuela Connected

Optis Software To Optimize Chinese Satellite Design

Earth's Hot Past Could Be Prologue To Future Climate

Climate cost even greater than feared says economist

Climate flux matched Europe's social rise and fall

Tagged penguins could skew climate studies - scientists

The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement