About us

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Photo: Alpiq/Andreas Mader

Alpiq is a leading Swiss electricity producer and energy service provider and is active throughout Europe. We offer our customers comprehensive and efficient services in the fields of energy generation, marketing and energy optimisation.

At Alpiq, business is always conducted based on our purpose “together for a better climate and an improved security of supply” and this purpose, together with our values and ethical standards, is engrained in our culture as a company. We pursue a sustainable, financially stable and risk-adjusted business model.

Alpiq has a strong asset base of hydro and thermal plants, nuclear and renewable assets. This low-carbon and flexible asset portfolio is operated and optimised in the best possible way. Our core business also comprises energy trading through 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 and a wide range of energy solutions and services.

We have about 1’200 employees and have our headquarter in Lausanne.

Active throughout Europe

We are represented by branches in various European countries in trading, sales and energy services. We operate our own power plants in Switzerland, Italy, France, Spain, Hungary and Bulgaria (the Bulgarian wind farm Vetrocom was sold in the first half of 2023).

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Our production stems from CO2-free technology such as hydropower and nuclear power in Switzerland and wind and photovoltaic power plants in several European countries. In Italy, Spain and Hungary, we operate modern and flexible gas-fired combined-cycle power plants, where the focus is on strengthening the security of supply with electricity, and in Hungary this is also combined with district heating. Our goal is to continuously optimise the efficiency of the plants in order to reduce emissions.

Through the further expansion of flexibility solutions, we enable the integration of renewable energy capacity into the energy system to further the transition towards a decarbonised energy supply. Alpiq is a pioneer in the production of green hydrogen in Switzerland and supports the reduction of carbon in heavy-duty traffic; we are constantly expanding our expertise in this area.

Power Production in 2023

 

 

 

 

 

 

Installed capacity at 31.12.2023 1

Production 2023 2

Power Plants (incl. related contracts)

MW

MW

GWh

GWh

 

 

 

 

 

Hydropower

 

3,327

 

6,644

Switzerland

3,027

 

4,704

 

France 3

300

 

1,941

 

 

 

 

 

 

Small-scale hydropower, wind, photovoltaics

 

257

 

481

Switzerland

21

 

63

 

Bulgaria 4

0

 

66

 

France

13

 

35

 

Italy

224

 

316

 

 

 

 

 

 

Nuclear power

 

831

 

6,595

Switzerland

676

 

5,865

 

France 5

155

 

730

 

 

 

 

 

 

Conventional thermal power

 

1,308

 

3,121

Italy

491

 

2,159

 

Spain

414

 

514

 

Hungary

403

 

447

 

 

 

 

 

 

Total

 

5,723

 

16,840

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

2 Net share attributable to Alpiq from total power plant production (after deducting pumped energy)

3 Including base versus peak exchange contract

4 The Bulgarian wind farm Vetrocom was sold in the first half of 2023

5 Long term supply contract

Value chain-based operating model

Instead of separate business divisions, Alpiq is now steered along the three value chain elements Assets, Trading and Origination. Alpiq’s production and asset trading are mapped in the value chain element Assets. The value chain element Trading includes proprietary trading activities with electricity, gas, emission allowances and other certificates. The customer business for energy management, direct marketing of third-party renewable energy assets and structured energy products is combined in the value chain element Origination.

With the now established value chain-based operating model, we can react quickly, efficiently and sustainably to developments and leverage our collective expertise and effort – in the spirit of “One Alpiq”. Value chain steering also means collaborating closely, learning and growing together, and taking collective ownership and responsibility. It means challenging the status quo and showing creativity as we focus on achieving lasting and positive outcomes. Above all, it means a commitment to transparency. Our task is to be open, to inform, to participate in the debate and to be accountable. It is only by ensuring that our stakeholders have access to clear and comprehensible information that we can safeguard the trust that is fundamental to our relationship.

The organisational structure, however, remains in the three business divisions: Switzerland, International and Trading.