Yeah , but the German pension system is unfortunately a scam .
Therefore everyone is responsible for their own retirement (private investments e.g etfs) .
For a Senior perhaps. The figures I find for Switzerland are more in the 90-120 range depending on the source. Also, I think what OP was referring to is the 'most markets' bit. Switzerland is the best paying country in Europe (discounting London).
> Switzerland is the best paying country in Europe (discounting London).
How does that look when you correct for costs of living, because I imagine that would put London at the bottom of the list, as one of those places where senior-level tech salary is not enough to afford living in the city itself (and I don't mean the City of London, but the rest of it too).
In Vancouver, we have somehow reverse curve - the incentive is to use more electricity at night when there's lower demand. As I understand, our main energy source is water, and so it has mostly flat generation. Nothing new - combining the two would make it cheaper all together.
Yes, and they are higher due to 2 reasons. And both seem to work.
Number 1 reason is that power was quite highly taxed, since it is directly linked with pollution and CO2. All powers, but that also means electrical power. The effect is, that european cars are smaller and use less. And also european houses are better insulated. You can measure this, the typical german 4 person household uses less than 50% of the electric power of a 4 person US household. Before COVID I even saw a statistics that this less usage compansated the higher electricity prices, so both norm-households payed the same for electricity. Unsure if that is still true post-COVID.
The other reason is that also a good amount of money is directly invested into the grid, to make it more resilient. And you can also measure that. If you lookup the SAIDI (system average interuption duraction index) of e.g. USA and compare it to Germany, you immediately see why over there uninteruptible power supplies are hardly used except in data centers. SAIDI Germany 12.2 minutes per customer per year, USA 125.7 minutes per customer per year. That's a whopping 10x worse. Not just as number, but also for the industry.
And I heard that the SAIDI in Texas is even worse than the US average.
Only one provider? What gave you that idea? Even TFA mentions four providers, and those are just the most popular, nation-wide ones. I live in Zürich and have a choice between 10 providers (going by the list of the local infrastructure provider[1] -- I don't know if that list is even complete).
Rural coverage is challenging, true. And Switzerland has some challenging terrain in places. But FTTH coverage is currently at around 60% of the population, and Swisscom's strategy is to reach 90% by 2035. That doesn't sound so bad, especially when comparing internationally.
Also what is probably used in your country is Pumped-storage hydroelectricity .
During the day you pump water into the reservoir using wind/solar energy and discharge e.g at night .
Elsewhere in the country yes but lol not so much in the very flat part of Western Canada. I pulled out some topographic maps a few years ago and was quite dismayed at the lack of elevation change suitable for pumped hydro.
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