Switzerland to scrap ban on building nuclear power stations

ZURICH (Reuters) – The Swiss government said on Wednesday it plans to overturn a ban on building new power plants to strengthen local energy supply at a time of increased geopolitical tension.

Energy Minister Albert Roesti said the government would submit a proposal to amend nuclear legislation by the end of 2024 so it can be debated in parliament next year.

“Over the long term, new nuclear power plants are one possible way of making our supply more secure in a geopolitically uncertain time,” Roesti told a press conference.

Failure to retain the option could be seen as a betrayal by future generations, Roesti argued.

Switzerland decided to phase out atomic energy after the 2011 nuclear accident in Fukushima, Japan.

In 2017, Swiss voters approved a government plan that included a ban on building new nuclear power stations.

At the end of 2019, the Muehleberg nuclear power station came off the grid. Three more nuclear stations remain.

Roesti also reiterated the government felt it was meeting its commitments to tackling climate change, responding to a European court ruling in April that had ordered it to do more.

KlimaSeniorinnen Schweiz, which with Greenpeace brought the case to the court, dismissed this and said that Switzerland was still failing to uphold its obligations.

This post is originally published on INVESTING.

  • Related Posts

    Oil falls after Trump reverses Colombia sanctions threat

    By Anna Hirtenstein LONDON (Reuters) -Oil prices wavered on Monday after the U.S. and Colombia reached a deal on deportations, reducing immediate concern over oil supply disruptions but keeping traders…

    Dollar gains on tariffs fears; euro looks to ECB meeting

    Investing.com – The US dollar slipped lower Monday, rebounding after recent losses as attention returned to the potential for trade tariffs from the Trump administration at the start of a…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    eToro’s $4B IPO: Too Pricey for Europe, a Bargain in the US?

    • May 6, 2025
    eToro’s $4B IPO: Too Pricey for Europe, a Bargain in the US?

    CFTC Folds Its Hand in Election Betting Showdown with Kalshi

    • May 6, 2025
    CFTC Folds Its Hand in Election Betting Showdown with Kalshi

    Short-Term Analysis for Oil, Gold, and EURUSD for 06.05.2025

    • May 6, 2025
    Short-Term Analysis for Oil, Gold, and EURUSD for 06.05.2025

    Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 06.05.2025

    • May 6, 2025
    Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 06.05.2025

    The Dollar Will Save the Penalty. Forecast as of 06.05.2025

    • May 6, 2025
    The Dollar Will Save the Penalty. Forecast as of 06.05.2025

    Ex-BDSwiss Executive’s CFDs Broker Sees Dubai’s Potential: Establishes Holding Company

    • May 6, 2025
    Ex-BDSwiss Executive’s CFDs Broker Sees Dubai’s Potential: Establishes Holding Company