Keynote at New Energy Investor Summit in Zurich, May 2014 http://www.institutional-money.com/index.php?id=1486&view=single&number=1

1. Swiss Energiewende
quo vadis?
power
green
Bastien Girod, New Energy Investor Summit 2014
nuclear
nor fossil
no

2. High level:
H1: Energiewende cannot be stopped.
H2: The old nuclear plants will try to delay.
Technologies:
H3: Solar: Integrate and optimize.
H4: Wind: Local advantage.
H5: Hydro: Advantage for flexible and ecological.
Regulatory environment:
H6: Too much hot air in certificate of origin.
H7: Market liberalization CAN be a chance.
H8: Electricity agreement not decisive.

3. Changing core beliefsChanging economics
H1: The Energiewende cannot be
stopped.
www.thegreenmarketoracle.com
2001 Electricity market 2013 Energy strategy
Suter & Markard 2014

4. H2: Nuclear phase-out is the key
challenge for the Energiewende.
Source: «Erläuternder Bericht zur Energiestrategie 2050 (Vernehmlassungsvorlage)» des BR, 2012.
2064: Leibstadt

5. H3: Solar: «Integrate and optimize»
(instead of «connect and forget»).
Hirt 2013 The market value of variable renewables

6. H4: wind + local support =power!

7. Rhine hydropower,
popular vote 2014,
canton Schaffhausen:
H5: Hydro-power: Flexible and
ecological instead of run-of-the river.
Ja
Nein
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8. Too much hot air
H6: Current design of certificate of
origin (HKN) brings little to no value.
No reward for renewable flexibility
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9. Innovation (e.g. Smart Buildings)
H7: Market liberalization CAN be a
chance for the Energiewende
horse-trade for cost internalization

10. H8: Bilateral electricity agreement
not decisive for the Swiss
Energiewende.

11. High level:
H1: Energiewende cannot be stopped.
H2: The old nuclear plants will try to delay.
Technologies:
H3: Solar: Integrate and optimize.
H4: Wind: Local advantage.
H5: Hydro: Advantage for flexible and ecological.
Regulatory environment:
H6: Too much hot air in certificate of origin.
H7: Market liberalization CAN be a chance.
H8: Electricity agreement not decisive.

12. Thank you for your attention!
bastien.girod@parl.ch
power
green
nuclear
nor fossil
no