At the time, the aim of the company was to improve security of supply and to handle grid activities on the German/Swiss border efficiently.

At the extraordinary General Assembly of Swissgrid Ltd held on 4 December 2017, shareholders agreed to the proposals of the Board of Directors.

The grid renovation that is necessary for Switzerland's security of supply is progressing very sluggishly.

Swissgrid has established the independent subsidiary Pronovo AG as the accredited certification body for recording guarantees of origin and processing federal funding programmes for renewable energies.

The corresponding amendments to the articles of incorporation are to be approved by the Federal Council in December 2017.

These new installations contribute to the supply security of the French-speaking part of Switzerland and improve the stability of the transmission network.

Swissgrid can now begin construction work on the overhead line between Chamoson and Chippis in the canton of Wallis.

The line is part of the «Strategic Grid 2025» and will secure the supply for Greater Bern when the Mühleberg power plant will be shut down in 2019.

Until now, Swissgrid has been responsible for collecting grid premiums, feed-in tariffs and issuing guarantees of origin.