INTIEASwitzerland · Federal law on subsidiary financial assistance for the rescue of system-critical companies in the electricity industry (FiREG)PolicyIn force

Federal law on subsidiary financial assistance for the rescue of system-critical companies in the electricity industry (FiREG)

The FiREG is a Federal rescue mechanism for systemically important electricity companies. This rescue mechanism is intended to cover the liquidity needs of electricity companies active in the energy business in the event of extreme price increases or major partner failures.  Of…

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Country / jurisdiction: Switzerland · Year: 2022 · Status: In force · Level: National · Type: Voluntary

The FiREG is a Federal rescue mechanism for systemically important electricity companies. This rescue mechanism is intended to cover the liquidity needs of electricity companies active in the energy business in the event of extreme price increases or major partner failures.

Of the total available credit line of CHF 10 billion to 2026, CHF 4 billion has been drawn by Axpo Holdings. In accordance with the necessity ordinance (and the law currently being examined by Parliament), a lump sum of CHF 15-20 million francs per year applies from the moment the rescue mechanism is activated.

Official source: https://www.efd.admin.ch/efd/de/home/das-efd/nsb-news_list.msg-id-90234.html

المصدر

https://www.iea.org/policies/15487

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