First half of 2023: Swissgrid is modernising the grid infrastructure and supporting the transformation of the energy system
In the first half of 2023, Swissgrid continued to invest in the maintenance and modernisation of the grid infrastructure and implemented the Confederation’s measures to ensure Switzerland’s security of supply.
Procurement of the third tranche of the hydropower reserve for next winter has taken place
In accordance with the ordinance on the establishment of a winter hydropower reserve (WResV), Swissgrid today procured the third tranche of the hydropower reserve for the coming winter as part of a tendering procedure. The Federal Electricity Commission ElCom has examined the tenders and approved the awarding of contracts.
Procurement of the second tranche of the hydropower reserve for next winter has taken place
In accordance with the ordinance on the establishment of a winter hydropower reserve (WResV), Swissgrid today procured the second tranche of the hydropower reserve for the coming winter as part of a tendering procedure.
Groundbreaking ceremony for the upgrade of the Bonaduz substation
Swissgrid is planning and implementing several projects of great strategic importance for the Swiss transmission grid in the canton of the Grisons. They include upgrading the Bonaduz substation. The installation of a transformer will increase the operational flexibility of the substation and consequently improve security of supply in the canton of the Grisons and in Switzerland as a whole. The groundbreaking ceremony marks the start of the construction work, which is expected to last until the end of 2025.
Procurement of the first tranche of the hydropower reserve for next winter has taken place
In accordance with the ordinance on the establishment of a winter reserve reserve (WResV), Swissgrid today procured the first tranche of the hydropower reserve for the coming winter as part of a tendering procedure.
Shareholders approve all proposals by the Board of Directors
All the proposals by the Board of Directors were approved at today’s Annual General Assembly of Swissgrid Ltd. A dividend of around CHF 48.2 million will be distributed for the 2022 financial year. The amendments to the articles of incorporation were approved, but still require the consent of the Federal Council.
In spring 2023, Swissgrid and SBB submitted a planning application for the replacement of the high-voltage submarine cables between Brusino and Morcote. A total of six Swissgrid and two SBB cables will be replaced along the cable route, which is 2.8 km long.
Swissgrid in the 2022 financial year: challenges successfully overcome
Swissgrid’s 2022 financial year was dominated by the challenges on the European energy market and the additional tasks entrusted to Swissgrid by the Federal Council to maintain Switzerland’s security of supply.
