ETHZ-PSI Nuclear 2026

Nuclear Power and the Future Swiss Energy System

Joint White Paper from ETH Zurich & PSI | June 2026

A new study by 19 energy experts from ETH Zurich and the Paul Scherrer Institute (PSI) is investigated under which conditions the construction of new nuclear power stations may make financial sense for Switzerland’s future energy system. The findings of the study are based on four different energy models. These models calculate which technologies Switzerland could use by 2050 to cover significantly higher electricity demand as cheaply possibly and in a carbon-neutral way.

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Gaetan Bally / Keystone

Results

Results

Explore all the figures and the supporting data from the results of the Joint White Paper

Scenarios

Scenarios

D1

Climate Policy

D23 levels

Policy variant

Variations on the 45 TWh renewables target given in Swiss Law

D3

Investment variant

Overnight Capital Costs for New Nuclear

D42 levels

WACC variant

Weighted Average Cost of Capital of new nuclear investments

Select a level in each dimension to trace one scenario through the matrix.

Climate PolicyD1 · 1 level
Policy variantD2 · 3 levels
Investment variantD3 · 4 levels
WACC variantD4 · 2 levels
241 × 3 × 4 × 2Scenarios

net-zero × — × — × —

D1 · Climate PolicyNet-zero GHG emissions

2050 net-zero GHG in Switzerland including aviation. Emissions may be compensated abroad.

D2 · Policy variantChoose a level
D3 · Investment variantChoose a level
D4 · WACC variantChoose a level
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