2023 results
Investor
Lausanne, 23 April
Summary
01
02
03
04
05
Introduction
Changes in legal and regulatory conditions
2023 highlights
Full-year results
Next events
2
Introduction
Extraordinarily high profits
Outstanding operating performance
- Driven by all three business units
Combination of exceptional circumstances
- Catch-upeffect boosting energy supply margin
- Strong profits from associates
Resilient business model
- Business diversification
- Generation infrastructure creating value over the long term
- Energy transition and the electrification of society = positive underlying trends
- Long-termgoals reiterated
4
Changes in legal and regulatory
conditions
Mantelerlass*
Objectives
- speed up renewables rollout
- consolidate security of supply
- smooth progress towards 'net zero by 2050'
Milestones
- passed in autumn 2023
- implementing ordinances in consultation since 21 February 2024
- Referendum on 9 June 2024
* energy umbrella act
Impacts
Renewable energies
- National interest
- New incentive instruments and changes to existing ones
Pricing
- Base supply, discontinuation of average price method, replaced by a strict portfolio ringfencing
- Grid and cost of capacity enhancements
- Creation of a national minimum solar feed-in tariff
Energy efficiency
- Reduced demand from end-customers and targets for suppliers
Community-based renewables projects
- Energy sharing locally
- DSO network use in return for local grid fee
Full disclosure
- National data hub
- DSO data comparison
7
Resumption of negotiations with EU
Why seek an agreement on electricity?
- Security of supply
- Stability of the Swiss transmission grid
- Be part of the decision-making
Electricity market liberalisation
- Conditions set by EU for agreement
- Switzerland's requests:
- Base supply to be maintained
- Mechanism for stabilising electricity prices
2023 highlights
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Romande Energie Holding SA published this content on 23 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 April 2024 05:21:06 UTC.