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Lockheed Martin Corporation (LMT) Q2 2021 Earnings Call Transcript

Lockheed Martin Corporation (LMT) Q2 2021 Earnings Call Transcript
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Swiss government to look at delaying nuclear phaseout

Swiss government to look at delaying nuclear phaseout Switzerland’s government has recently begun discussing extending the scheduled closure of the nation’s nuclear power stations, according to RTS. © Beat Germann | Dreamstime.com On 26 May 2021, Switzerland’s Federal Council rejected the institutional framework agreement, a deal put together by the EU that would have replaced Switzerland’s existing patchwork of agreements with the bloc. It appears that some in the Swiss government are concerned that the current electricity sharing arrangements with the EU could now run aground at some point. During the cooler winter months Switzerland imports electricity from the EU. If the current Swiss-EU electricity sharing arrangement fell apart, Switzerland might not be able to keep all of its lights on.

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