Wednesday, February 8, 2017

Switzerland: Attractive Feed-in-Tariffs for Geothermal Power Could be In Place by 2018

Switzerland plans incredibly attractive feed-in-tariffs for geothermal power (ThinkGeoEnergy)

Switzerland has just announced the likely most attractive feed-in-tariffs for geothermal power produced of up to $0.479/ kWh.

The new feed-in-tariffs are set at CHF 0.475/ kWh ($0.479/ kWh) for electricity from petrothermal geothermal production. The draft law still has to go through a popular vote, and if the vote is positive, the new law could enter into force in 2018.

On its website, the Swiss Geothermal Energy Association reports that the Swiss Federal Council has also issued regulations on the new energy legislation and the new CO2 law as part of the energy strategy 2050 for public consultation. This process will last until 8 May 2017.

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