About us

About us

graphic
Lake Emosson in the municipality of Finhaut in the canton of Valais. Photo: Alpiq

Alpiq is a leading Swiss energy company that is active in various countries and markets throughout Europe. Our energy business contributes to a better climate and improves the security of supply in Switzerland and for our customers on the European markets. We pursue a sustainable, financially sound and risk-adjusted business model.

Our core business is the production of electricity from flexible CO 2-free hydropower and nuclear power in Switzerland as well as from wind power and photovoltaics in several European countries. In addition, we operate modern and flexible gas-fired combined-cycle power plants in Italy, Spain and Hungary. By producing green hydrogen, we are pioneers in contributing to CO 2-free heavy-duty traffic and are continuously expanding our competence.

Our core business also comprises energy trading. We sell production from our own plants as well as third-party plants on our modern and efficient trading platform. We trade with electricity, gas and other energy products in many European countries. A sustainable and cost-effective energy procurement strategy is an important aspect of any business. Our Sales & Origination team supports industrial and business customers with sustainable energy management as well as a wide range of energy solutions and services.

We have around 1,300 employees and are headquartered in Lausanne.

Power Production in 2021

 

 

 

 

 

 

Installed capacity at 31.12.2021 1

Production 2021 2

Power Plants

MW

MW

GWh

GWh

 

 

 

 

 

Hydropower

 

2,910

 

4,152

Switzerland

2,910

 

4,152

 

 

 

 

 

 

Small-scale hydropower, wind, photovoltaics

 

329

 

526

Switzerland

19

 

54

 

Bulgaria

73

 

128

 

France

13

 

36

 

Italy

224

 

308

 

 

 

 

 

 

Nuclear power

 

676

 

4,120

Switzerland

676

 

4,120

 

 

 

 

 

 

Conventional thermal power

 

1,308

 

3,238

Italy

491

 

2,234

 

Spain

414

 

0

 

Hungary

403

 

1,004

 

 

 

 

 

 

Total

 

5,223

 

12,036

1 Based on Alpiq’s net share of total power plant production

2 Alpiq’s net share of total power plant production (after deducting pumped energy), excluding long-term purchase contracts

  

Organisational structure

By the end of 2021, we organised our business into three business divisions: Switzerland, International and Digital & Commerce.

The Switzerland business division comprises the production of electricity from power plants in Switzerland. This includes run-of-river power plants, storage and pumped storage power plants as well as interests in the Gösgen and Leibstadt nuclear power plants.

The International business division comprises the production of electricity from new renewable energies, namely wind, small-scale hydropower and photovoltaics, in Switzerland, Italy, France and Bulgaria. This business division also produces electricity and heat from gas-fired combined-cycle power plants in Hungary, Italy and Spain.

The Digital & Commerce business division not only sells electricity produced by Alpiq’s plants on the European electricity trading market, but also comprises international energy trading (Merchant Trading) and direct marketing for industrial and business customers (B2B). We are planning a targeted expansion of these two business fields in synergy with our origination business. To counter the increasing volatility on the energy markets, we offer our customers flexible contracts and the option to manage their financial risks associated with energy prices. Keywords here are structured contracts based on virtual power plants (VPPs) and long-term power purchase agreements (PPAs), in particular for renewable energies. We have extensive experience in marketing power production and optimising renewable energies. To improve our competitiveness, we are investing in the development of our optimisation and trading platform, using the possibilities offered by digital technologies.

Active throughout Europe

We are represented by branches in various European countries, both in trading and sales as well as with energy services. We operate our own power plants in Switzerland, Italy, France, Spain, Hungary and Bulgaria.

Under the new lead of CEO Antje Kanngiesser, CFO Luca Baroni and the Executive Board, we made targeted adjustments to our structures and processes in 2021 with the aim of focusing on Alpiq’s core business and increasing the value and profitability on its core markets. The Alpiq Group’s financial reporting will be adjusted accordingly for the publication of the Half-Year Results 2022 and will reflect the reorganisation of the business divisions as implemented in the internal reporting from 1 January 2022.