The Swiss government is setting up a gas sector crisis intervention group and a monitoring system for early detection of an impending electricity shortage, it said on Wednesday, as it prepares for the possibility of “severe” power shortages. The Swiss government began drawing up plans in April for a potential gas shortage in the wake of Russia’s invasion of Ukraine, saying measures were being developed ranging from appealing to the public to reduce consumption to possible power rationing in the event of a crunch. It has now tasked national grid operator Swissgrid with developing and operating a new monitoring system to observe developments in electricity supply, which it said is to go live by end-2022. “The monitoring system is to provide information on the current supply and market situation in Switzerland as […]