Thursday, December 8, 2022

In the event of a power shortage, there are “serious consequences”

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Swissmem President raises the alarm

Martin Hirzel warns of “serious consequences” in the event of a power shortage

If the power goes out in winter, it hits the energy-intensive machine industry particularly hard. Switzerland could fall badly behind, fears Swissmem President Martin Hirzel.

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Martin Hirzel, President of Swissmem, sounds the alarm.

The Swiss machine, electrical and metal industry (MEM) is concerned about the development of the power supply. The local economy has benefited from a secure supply for decades, but this is now threatened.

“Switzerland’s locational advantage is disappearing into thin air in these weeks,” said Martin Hirzel (52), President of the umbrella organization Swissmem, on Tuesday at a media conference, with a view to possible power shortages in the coming winter. “Depending on the duration of such a shortage, the consequences for Swiss industry would be serious.” The industry is existentially dependent on a secure energy supply at competitive prices for its production processes.

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