Switzerland is quietly making a decision that will define its economy for the next two decades — and most of the debate is still being fought with the assumptions of 2011, not the realities of 2026. In his guest commentary for Finanz und Wirtschaft, our managing partner Dr. Alexander Schiemenz argues that the nuclear construction ban has become, in effect, a silent relocation law: a measure that does not just shape energy policy, but risks pushing Switzerland’s industrial and digital future offshore.
His central point is that this is no longer a debate about reactors. It is a debate about sovereignty, infrastructure, and what kind of economy Switzerland wants to be able to power in 2045. Below, we summarise the five questions he puts to Swiss policymakers and the five things he argues must happen now.