Swiss utilities are the latest neighbours complaining about subsidized German exports

Scott Luft of Cold Air Currents on how Germany’s energy train wreck is impacting neighbours. Snippet [emphasis mine]:

Add Switzerland to the list of Germany’s neighbors (Poland and the Czech Republic) that are complaining about uncontrolled power surges from Germany. Last week, Kurt Rohrbach, spokesperson for Swiss power providers, stated on Swiss television that power surges from Germany brought about by solar power are bringing down power prices “throughout Europe” and leading to losses totaling “a hundred millions francs” (the Swiss franc is currently worth roughly 1 dollar) for Swiss firms this year alone. The news moderator on Swiss TV station SF1 did not beat around the bush: “The German solar sector is ruining business for Swiss power companies.”

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