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Swiss Council Sends Nuclear Lift Back; Utilities Refuse New Reactors

6/18/2026

27 6 Full Breakdown

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Story summary
  • On 15 June 2026 the National Council voted 100-97, with two abstentions, to return the nuclear lift proposal to the Federal Council and rejected a motion to drop the bill, voting 111-88.
  • Axpo and Alpiq said they will not build new reactors because of high political and financial risks.
  • Experts estimate 5-8 billion CHF per gigawatt and warn a new plant would not be operational before the mid-2040s, possibly 2050.