22 Jan 2024

The Board of Directors of Aarekraftwerk Klingnau AG (AKA) has approved the annual report and accounts for the 2022/23 financial year for submission to the Annual General Meeting.

Electricity production increased by around 15 percent compared to the 2022. 

Increased electricity production

Aarekraftwerk Klingnau produced around 191 million kilowatt hours of electricity for its partners in the 2022/23 financial year. This is around 15 percent more than in 2022 and corresponds to the consumption of around 42,000 four-person households. The increase in production is due to hydrological conditions. In a long-term comparison, the Aare carried around 11 percent less water.

In 2022, the volume of water was even lower at around 30 percent below the long-term comparison. On a total of 32 days, more water flowed than the power plant could turbinate (2022: 7 days).

cost and compensation measures

The annual costs charged to the partners totaled CHF 11.3 million in the reporting year (2022: CHF 8.2 million). This corresponds to production costs of 5.92 centimes per kilowatt hour (2022: 4.97 centimes per kilowatt hour).

An important milestone in the fulfillment of the concession requirements was reached in the reporting year with the acceptance by the canton of the replacement and compensation measures planned as part of the concession renewal. Aarekraftwerk Klingnau AG is a partner plant of Axpo and AEW Energie AG. Axpo holds 60 percent of the shares and AEW Energie AG 40 percent.