Challenging conditions

Demand, however, will continue to grow in the medium term, which means that the need to make new power plant capacities available is not a question. Energy prices will reflect the increase in demand over the medium term. The ongoing political discussion about the best energy mix for Europe's future still holds uncertainties. The role of the regulator, which has yet to be defined, is another element affecting the market environment for energy companies in Switzerland. Legal uncertainties that keep cropping up mean significant additional costs for everyone involved and negatively affect legal certainty.