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VIDEO · 22 JUNE 2026

Five × Five: The Nuclear Construction Ban Is A Silent Relocation Law (Video)

Switzerland faces a critical infrastructure decision that will shape its economy through 2045. As nuclear plants go offline and electricity demand surges toward 90 TWh, the country must reconcile a 2017 construction ban with the realities of powering three million EVs, AI data centers, and heat-pump districts. The debate has shifted from reactor technology to economic sovereignty and whether Switzerland can afford to remain dependent on imported energy.

SwitzerlandEnergy and Natural Resources

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.

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