Thanks to further consolidation of our operational activities and the careful management of the transmission system along with the associated market activities, we were able to further increase our efficiency.

The average financial burden on electricity consumers due to the transmission grid operated by Swissgrid will fall slightly in 2017.

The Board of Directors of Swissgrid has appointed Yves Zumwald (48), the former Head of business unit Grid, as the new Chief Executive Officer, effective immediately.

Fadri Ramming has been a Member of the Board of Directors of Swissgrid Ltd since 2006.

The noticeable easing of the energy supply and grid situation since Christmas 2015 and in January 2016 has continued in February.

This is designed to expedite the digitalisation of business processes and the resulting transformation of the company.

With the recording in the commercial register on 4 January 2016, Swissgrid has taken over additional facilities belonging to the transmission grid.

The Swiss Federal Council is expected to approve the necessary change in the articles of association by the end of 2015.

Energy reserves are tight, due to a number of interconnected special circumstances.

Swissgrid acquires share capital of Holding des Gestionnaires de Réseau de Transport d'Electricité («HGRT»).