07.08.2014 Views

The Energy Regulation and Markets Review - Stikeman Elliott

The Energy Regulation and Markets Review - Stikeman Elliott

The Energy Regulation and Markets Review - Stikeman Elliott

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Switzerl<strong>and</strong><br />

requirements of the Nuclear <strong>Energy</strong> Act <strong>and</strong> the International Convention on Nuclear<br />

Safety that regulators should be independent bodies.<br />

ENSI is supervised by an independent board who is elected by the Federal<br />

Council <strong>and</strong> reports directly to it. It is responsible for the supervision of nuclear facilities.<br />

Its regulatory remit covers the entire life of a facility, from initial planning, through<br />

operation to final decommissioning including the disposal of radioactive waste. Its<br />

remit also includes the safety of staff <strong>and</strong> the public <strong>and</strong> their protection from radiation,<br />

sabotage <strong>and</strong> terrorism. ENSI is also involved in the transport of radioactive materials to<br />

<strong>and</strong> from nuclear facilities <strong>and</strong> in the continuing geoscientific investigations to identify a<br />

suitable location for the deep geological disposal of radioactive waste. 10<br />

III<br />

ENERGY MARKETS<br />

i Partial liberalisation<br />

<strong>The</strong> Swiss electricity market has been partially liberalised since 1 January 2009. Only<br />

larger consumers with an annual consumption of more than 100MWh, representing<br />

more or less 50 per cent of the electricity dem<strong>and</strong> in Switzerl<strong>and</strong>, have so far benefited<br />

from the market opening.<br />

<strong>The</strong> separation of the transmission network is one of the key criteria in the<br />

liberalisation of Switzerl<strong>and</strong>’s electricity market. This concerns the network of highvoltage<br />

transmission lines for transporting electricity over great distances. <strong>The</strong> aim here<br />

is that ownership <strong>and</strong> operation of this network (monopoly) are to be separated from<br />

other business activities such as electricity production <strong>and</strong> trading (market).<br />

In practical terms, this means that companies which have held stakes in the<br />

transmission network until now are required to assign these to the national transmission<br />

system operator (Swissgrid). This process is to take place in three stages:<br />

a separation of the accounts of the network owner/operator from other activities<br />

(already implemented);<br />

b legal separation, for example outsourcing of the network to a separate subsidiary<br />

(was to be effected by no later than 1 January 2009); <strong>and</strong><br />

c transfer of network ownership to Swissgrid (to be effected by no later than 1<br />

January 2013).<br />

Swissgrid is the national grid company, <strong>and</strong> in its capacity as transmission system operator<br />

it operates under the supervision of Elcom.<br />

As a member of the European Network of Transmission System Operators for<br />

Electricity (ENTSO-E), it is also responsible for coordination <strong>and</strong> grid usage in the<br />

cross-border exchange of electricity in Europe.<br />

Swissgrid is wholly owned by the Swiss electricity companies Alpiq AG, Alpiq<br />

Suisse AG, Axpo AG, BKW FMB Energie AG, Centralschweizerische Kraftwerke AG<br />

(CKW), Elektrizitäts-Gesellschaft Laufenburg AG (EGL), Elektrizitätswerk der Stadt<br />

10 www.bfe.admin.ch/radioaktiveabfaelle/01275/01292/index.html?lang=en.<br />

286

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!