An article written by Marc Grüninger and Patrizia Lorenzi, law firm GHR Rechtsanwälte AG - the ELG member firm in Switzerland. 

During the lockdown because of the corona virus pandemic, the price of electricity on the stock exchanges fell drastically, sometimes below zero. Negative electricity prices do occur repeatedly, but usually only in the short term and when various factors coincide. The focus is always on grid stability: Consumption and production or feed-in and feed-out must be balanced. Since Switzerland imports and exports a relatively large amount of electricity, prices in neighbouring countries and the CHF/€ exchange rate also play a significant role in wholesale prices.

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