Switzerland to Introduce New Law on Supervision and Transparency in Wholesale Energy Markets
Switzerland to Introduce New Law on Supervision and Transparency in…
On March 21, 2025, the Swiss legislative bodies ratified the Swiss Federal Law on the Supervision and Transparency in the Wholesale Energy Markets ("Swiss REMIT"). Swiss REMIT aligns with the EU Regulation No. 1227/2011 ("EU REMIT") and introduces comprehensive reporting obligations, market conduct regulations, and a supervisory role for the Swiss Federal Electricity Commission ("ElCom") to ensure market integrity and transparency. It is expected to enter into force in 2026.